"The sector can also benefit from better GST tax rates. For one, the government can consider reducing the GST rate on rentals on commercial property down from 18 per cent to a lower tax slab. Small retailers can be encouraged to make investments in technology by giving them tax breaks. For instance, if a kirana store owner invests in buying a computer and software, the government can give a tax break by allowing 100 per cent depreciation or by offering a subsidy."
Partner, Grant Thornton India LLP
This article appeared in The Hindu Business Line on 30th January, 2018.