The comments / suggestions received from various stakeholders are analysed and incorporated in to the guidelines if found suitable. 21. Reserve Bank believes that corporates should be concentrating more on their core business to generate returns rather than looking to generate alpha from diversifying into trading in forex markets.
This is what has happened, for instance, with the introduction of the GST. It should yield gains that will mean better tax compliance and a more efficient tax system that in turn will impart a permanent upward push to our growth.