Hours before the launch of the mega tax reform Goods and Services Tax or GST, Bibek Debroy, top economist and member of Centre's policy think tank NITI Aayog, said the new tax regime is not perfect but both its positives and negatives are being exaggerated. Perfecting it will take time, as other nations have found out; and the GST Council will fine-tune it in the coming days, he added.
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