Diabytes
India's credit profile News
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The GST will also support higher government revenue generation through improved tax compliance and administration.
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Moody's Investors Service on Friday said India's credit profile would improve if it follows the fiscal discipline path and set up a fiscal council as recommended by the FRBM panel.
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Implementation of the Goods and Services Tax (GST) and bridging large infrastructure deficit are a difficult task before the Indian government, Moody's Investors Service said on Wednesday.
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Moody's said India's small slippage in meeting the fiscal deficit target for 2015-16 is not going to affect the country's credit profile.
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