UGC Approved Journal no 63975(19)

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

Volume 6 Issue 6
June-2019
eISSN: 2349-5162

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

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Published Paper ID:
JETIR1907K74


Registration ID:
223022

Page Number

480-484

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Title

Impact Of GST On Government Revenue And National Income Of India

Abstract

The GST is a major milestone in reforming India’s indirect tax system GST gives a lot of forward motion to our development projects such as Make in India, Digital India and so on. This will further improve relieve of doing interstate trade and with other countries. GST will further improve foreign direct investment in our country (Press Trust of India, 2017). In the earlier system of multiple taxes, the foreign companies are wary of coming to India. Now, this new concept of one nation one tax will attract a lot of overseas investors to invest in India. GST will enhance our trade which will improve the wealth of our nation. It will attract foreign investment which will improve foreign exchange reserve and current account balance of our country. If foreign companies will set their overseas operations in India, it will give numerous employment opportunities to Indian youth. In this way, GST will help to improve per capita income and national income of our country. It will be interesting to see The Goods and Services Tax (GST) will increase the government's revenue in the long term and increase national income.

Key Words

GST, GDP, government revenue, NNP, national income

Cite This Article

" Impact Of GST On Government Revenue And National Income Of India", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.480-484, June 2019, Available :http://www.jetir.org/papers/JETIR1907K74.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 Government Revenue And National Income Of India", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp480-484, June 2019, Available at : http://www.jetir.org/papers/JETIR1907K74.pdf

Publication Details

Published Paper ID: JETIR1907K74
Registration ID: 223022
Published In: Volume 6 | Issue 6 | Year June-2019
DOI (Digital Object Identifier):
Page No: 480-484
Country: Nagpur, Maharashtra, India .
Area: Commerce
ISSN Number: 2349-5162
Publisher: IJ Publication


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