000			01513nam a22001577a 4500
999			_c522338 _d522338
008			230401b ||||| |||| 00| 0 eng d
100			_aGhosh, Sangeeta _939464
245			_aFormalising the informal through GST: Evidence from a survey of MSMEs
260			_aReview of Development and Change
300			_a27(2), Dec, 2022: p.150-169
520			_aIn this study, the processes and channels through which an indirect tax reform has impacted micro, small and medium enterprises in India are identified using a field survey of small businesses. The Goods and Services Tax introduced in 2017 in India has been a significant departure from the past to impact businesses and business practices in a way that introduces formal practices into the everydayness of small businesses. This study shows that established informal mechanisms have been disturbed, which has led to coping mechanisms that have borne adverse outcomes for small businesses and workers involved in them. The benefits from such a move have been rather limited for small businesses. This study advocates that the quest to transition from an informal to a formal economy is one where many small steps must be first identified, and necessary handholding and training for the vulnerable units must be provided for inclusive development. –Reproduced
650			_aInformal sector, MSMEs, informal labour, GST, Indirect tax reform, Formalisation. _937179
773			_aReview of Development and Change
906			_aTAX REFORMS
942			_cAR