Business, Management and Accounting
4 years ago

India's GST Proposal Set to Simplify Tax System and Boost Revenue

2 views
International Journal in Management and Social Science
Goods and Service Tax (GST) in India: Need & Hurdles
Mahima Tiwari, G.L. Puntambekar

Paper Summary

The Goods and Service Tax (GST) in India aims to simplify the current complex indirect tax system by replacing multiple taxes with a single GST. This new tax regime is designed to make taxation more uniform, fair, and efficient for both the government and citizens. By implementing GST, the government hopes to broaden the tax base and generate more revenue while reducing the burden on taxpayers.

Related papers

Economics, Econometrics and Finance
3 years ago

GST Implementation Boosts Indian Economy, Eliminates Tax on Tax

Infrastructure Impact
Tax Evasion
Rebound Effect
2 views
Business, Management and Accounting
3 years ago

Financial executives praise GST for bringing transparency and efficiency to taxation.

Retirement Planning
Islamic Banking
Tax Evasion
1 view
Economics, Econometrics and Finance
4 years ago

GST Implementation in India Boosts Economy and Benefits Businesses and Consumers

Infrastructure Impact
Tax Evasion
1 view