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We are promised simplicity, one benefit – a Universal Credit – to replace the myriad existing ones, and powerful cash-work incentives.
A harmonised goods-and-services tax (GST), to replace the myriad of state and federal levies, would be in place by April 2016, said Mr Jaitley.
With luck, it will also replace the myriad other duties and surcharges that pluck the fruits of Indian commerce.Unfortunately, the GST requires the agreement of India's states, which guard their revenue-raising powers jealously.
Over the next four years, the authority plans to replace the myriad names and logos used by its five subsidiaries with a uniform M.T.A. logo and somewhat simpler names, though not necessarily shorter ones.
Eclectyk uses near-field communication (NFC) to replace the myriad of cards in your wallet with a simple cell phone application.
Take commercial leasing and asset management company VTS, which built a platform to replace the myriad documents that they say have historically flowed between property owners, brokers and tenants on a daily basis.
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The project is an experiment in what's known as a "basic income"—or, when the money is given to entire populations, as a "universal basic income". At its core, it's a means for a government to alleviate poverty, replacing the myriad bureaucracy-bound safety-net policies in industrialized countries that struggle, with mixed results, to get money into the hands of those who most need it.
The next step will be to simplify the backs of the computers by replacing the myriad connection ports with Universal Serial Bus (USB) ports, which are becoming a standard way to hook up printers, scanners, modems, Zip drives and almost any other kind of peripheral.
It will replace the complex myriad of means-tested benefits.
A timetable for replacing the current 911's myriad spinoffs, including the Turbo and GT3, was not part of Tuesday's announcement.
Mr Jaitley needs their blessing to replace a myriad of state and federal levies with a harmonised goods-and-services tax over the coming year.
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