International Research Journal of Commerce , Arts and Science

 ( Online- ISSN 2319 - 9202 )     New DOI : 10.32804/CASIRJ

Impact Factor* - 6.2311


**Need Help in Content editing, Data Analysis.

Research Gateway

Adv For Editing Content

   No of Download : 239    Submit Your Rating     Cite This   Download        Certificate

GST – TAXATION REFROM IN INDIA

    2 Author(s):  SILKY JAIN, PANKAJ GUPTA

Vol -  7, Issue- 1 ,         Page(s) : 214 - 220  (2016 ) DOI : https://doi.org/10.32804/CASIRJ

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 levy on manufacture, sale and consumption of goods and services at a national level and is all set to integrate State economies and boost overall growth. GST is expected to address the cascading effect of the existing tax structure and result in uniting the country economically. The paper highlights the background, objectives of the proposed GST and the impact of GST in the present tax scenario in India. The paper further explores various benefits and opportunities of GST. Finally, the paper examines and draws out a conclusion.

1. Dr. R. Vasanthagopal (2011), “GST in India: A Big Leap in the Indirect Taxation System”, International Journal of Trade, Economics and Finance, Vol. 2, No. 2, April 2011. 
2. Ehtisham Ahamad and Satya Poddar(2009), “Goods and Service Tax Reforms and Intergovernmental Consideration in India”, “Asia Research Center”,LSE,2009. 
3. Nishita Gupta, Goods and Services Tax: Its implementation on Indian economy, CASIRJ Volume 5 Issue 3 [Year - 2014] ISSN 2319 – 9202, Pg. No.126-133. 
4. Saravanan Venkadasalam, Implementation of Goods and Service Tax (GST): An Analysis on ASEAN States using Least Squares Dummy Variable Model (LSDVM)International Conference on Economics, Education and Humanities (ICEEH'14) Dec. 10-11, 2014 Bali (Indonesia), Pg No. 7-9 
5. http://www.gstindia.com/challenges-for-success-of-goods-and-service-tax-gst-in-india/
6. Various Websites:
www.google.co.in, www.cbec.gov.in

*Contents are provided by Authors of articles. Please contact us if you having any query.






Bank Details