UGC Approved Journal no 63975(19)

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

Volume 5 Issue 4
April-2018
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR1804392


Registration ID:
302618

Page Number

1008-1014

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Title

Impact of GST on Indian Economy

Abstract

In India’s there are multiplied taxes which create problems for businesses as well as consumers. India is a country where we found complex tax structure. Present ruling govt. has given more emphasis on the implement of GST bill. The study described how GST will help to govt. and business. And also explained how GST reduces the cost of goods and services. By amalgamating a large number of central and state taxes into a single tax and allowing set-off of prior-stage taxes, it would mitigate the ill effects of cascading and pave the way for common national market. Some of them gave positive responds and some others gave negative feedbacks as the implementation has resulted in higher prices for goods and services and thus this tax may cause burder to people. GST will have widespread ramification on the economy, be it manufacturing sector or service sector. All the players of the commercial sphere be it trades, manufactures or service providers are equally being affected by the introduction of GST.

Key Words

GST needs, Indian economy, awareness and knowledge.

Cite This Article

"Impact of GST on Indian Economy", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 4, page no.1008-1014, April-2018, Available :http://www.jetir.org/papers/JETIR1804392.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

"Impact of GST on Indian Economy", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 4, page no. pp1008-1014, April-2018, Available at : http://www.jetir.org/papers/JETIR1804392.pdf

Publication Details

Published Paper ID: JETIR1804392
Registration ID: 302618
Published In: Volume 5 | Issue 4 | Year April-2018
DOI (Digital Object Identifier):
Page No: 1008-1014
Country: -, -, -- .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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