In this insightful conversation, Ajay explains why GST was born more political than economic, how disputes over popcorn, KitKat, and cosmetic creams exposed deep flaws in the system, and why rate rationalisation today is less a revolution than a course correction.

We also dive into what GST 2.0 means for the real middle class — from grocery bills and dairy products to insurance and savings — and why simpler compliance could finally give relief to businesses and MSMEs. Ajay sheds light on how tax tribunals might speed up litigation, why expanding the tax base is essential, and how trust, not just revenue, is the true foundation of a fair tax system.

Finally, we turn to the larger picture: how taxation shapes India’s growth story, the balance between states and the Centre, and why reforms must go beyond collections to building confidence in governance.

Chapters

00:00 – Intro

01:00 – From Popcorn to Shampoo: Making GST Rates Simple

10:00 – Why GST Had So Many Slabs in the First Place

20:00 – Inside the GST Council: How India Decides Taxes

30:00 – One Nation, One Tax: Logistics & Compliance Gains

45:00 – Insurance, Housing & Middle Class Impact

55:00 – The Future of GST: Can We Get to One Simple Rate?

⸻

👉 If you enjoyed this conversation, don’t forget to subscribe to Bharatvaarta!

We bring you deep, thoughtful discussions on politics, policy, and culture every week.

📢 Follow us on Twitter: https://twitter.com/Bharatvaarta

📸 Follow us on Instagram: https://instagram.com/Bharatvaarta

👤 Follow the Host – Roshan Cariappa

📢 Twitter/X: https://x.com/RoshanCariappa

📸 Instagram: https://www.instagram.com/carygottheblues/