Satya Poddar, senior tax partner, Ernst & Young and S Madhavan, former indirect tax leader, PwC and chairman, FICCI Task Force on GST explain on CNBC-TV18 that a firm hand by the FM and promise of compensation has held states in the GST net.
How competitive is India from the tax policy point of view? For Vodafone that would be a USD 2 billion question to answer.