GST IN INDIA: A KEY TAX REFORM

Journal Title: International journal of research -GRANTHAALAYAH - Year 2015, Vol 3, Issue 12

Abstract

GST is one of the most crucial tax reforms in India which has been long pending. It was supposed to be implemented from April 2010, but due to political issues and conflicting interests of various stakeholders it is still pending. It is a comprehensive tax system that will subsume all indirect taxes of states and central governments and unified economy into a seamless national market. It is expected to iron out wrinkles of existing indirect tax system and play a vital role in growth of India. This paper presents an overview of GST concept, explains its features along with its timeline of implementation in India. The paper is more focused on advantages of GST and challenges faced by India in execution.

Authors and Affiliations

Keywords

Related Articles

LAND ACQUISITION BILL: MORE THAN JUST THE BILL

Land acquisition in India refers to the process by which the union or a state government in India acquires private land for the purpose of industrialization, development of infrastructural facilities or urbanization of t...

SOCIO-ECONOMIC IMPLICATION OF KHAT CONSUMPTION ON THE HOUSEHOLD ECONOMY

This study applied exploratory-descriptive design, to determine the implication of Khat consumption on the household economy. The study was guided by both structural functionalism and conflict theories. The target popula...

A STUDY ON ORGANIZATIONAL CULTURE

Organizational Culture is defined as the values and behaviors that contribute to the unique social and psychological environment of the organization. Organizational culture includes an organizations expectations, experie...

CONSTRUCTING AND VALIDATING A SCALE FOR ASSESSING THE SOCIABILITY OF TEACHERS

In the present context, educationist and education planners have started preferring social learning environments in the classrooms. Thus arises the need for teacher behaviour characteristically ‘sociable’ in nature. The...

FUNCTIONAL RECOVERY OF ELBOW COMPLEX IN MONTEGGIA FRACTURE-DISLOCATION - PRESENTATION OF CASE

The treatment of elbow joint fractures is a serious medical and social problem due to frequent complications and impairment of the ability of self-service and performance of various household and labour activities. We ne...

Download PDF file
  • EP ID EP212031
  • DOI -
  • Views 100
  • Downloads 0

How To Cite

(2015). GST IN INDIA: A KEY TAX REFORM. International journal of research -GRANTHAALAYAH, 3(12), 133-141. https://www.europub.co.uk/articles/-A-212031