Impact of GST in India and Comparisions with Other Countries

International Journal of Economics and Management Studies

© 2017 by SSRG - IJEMS Journal

Volume 4 Issue 8

Year of Publication : 2017

Authors : G.Aruna Kumari, C.Y.Naga Jyothi

10.14445/23939125/IJEMS-V4I8P102

How to Cite?

G.Aruna Kumari, C.Y.Naga Jyothi, "Impact of GST in India and Comparisions with Other Countries," SSRG International Journal of Economics and Management Studies, vol. 4,  no. 8, pp. 5-11, 2017. Crossref, https://doi.org/10.14445/23939125/IJEMS-V4I8P102

Abstract:

GST is intended to include all the taxes into one tax with seamless ITC and charged on both goods and services. Thus the tax is expected to reduce the concept of ‘tax on tax’, increase the gross domestic product of the economy and reduce prices. An analysis of what the impact of GST (Goods and Services Tax) will be on Indian Tax Scenario.Then the need arose for the change in tax structure from traditional to GST model. The impact of GST in the present tax scenario in India.

Keywords:

GST (Goods and Services Tax), Indian Tax Scenario, two-tiered One-Country-One-Tax regime, tax structure, Cascading Effect.

References:

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