UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 9 Issue 1
January-2022
eISSN: 2349-5162

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JETIR2201604


Registration ID:
527140

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g1-g5

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Title

A STUDY ON GOODS AND SERVICES TAX AND ITS IMPACT ON INDIAN ECONOMY

Authors

Abstract

Goods and Service Tax(GST) aims to standardize India's disparate indirect tax structure and prevent the tax burden from multiplying on itself. The GST would have far-reaching consequences for India's tax structure. Today marks the official start of GST. As one country, one tax, and one market, GST contributes to the development of the new India. GST. a blessing for ordinary people. The implementation of GST would have a profound effect on tax collection in India. As of July 1, 2017, a simplified GST has replaced a convoluted array of indirect tax rates. The paper's focus is on how GST has affected the Indian economy economically. This study is exploratory in nature, and secondary sources provide the bulk of the information used. According to the results, implementing GST will have positive effects on tax collection, tax compliance, and state-to-state relations.

Key Words

Goods and Services Tax(GST), Taxation reforms, GST Council.

Cite This Article

"A STUDY ON GOODS AND SERVICES TAX AND ITS IMPACT ON INDIAN ECONOMY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.9, Issue 1, page no.g1-g5, January-2022, Available :http://www.jetir.org/papers/JETIR2201604.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"A STUDY ON GOODS AND SERVICES TAX AND ITS IMPACT ON INDIAN ECONOMY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.9, Issue 1, page no. ppg1-g5, January-2022, Available at : http://www.jetir.org/papers/JETIR2201604.pdf

Publication Details

Published Paper ID: JETIR2201604
Registration ID: 527140
Published In: Volume 9 | Issue 1 | Year January-2022
DOI (Digital Object Identifier):
Page No: g1-g5
Country: Sonari east, singhbhum , India .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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