000 01884nam a22001457a 4500
999 _c529517
_d529517
008 250417b ||||| |||| 00| 0 eng d
100 _aKumari, Mona and Gupta, Surendra Kumar
_952173
245 _aImpact of GST on Indian economy: A critical analysis impact of GST on Indian economy: A critical analysis
260 _aBihar Journal of Public Administration
300 _a21(2), Jul-Dec, 2024: p.783-795
520 _aThere is a current urge to alter the Indian economy in light of global trends by incorporating competitiveness and core competence into every company operation. As a result, the government is working to establish one nation, one market, and one tax system in order to simplify and eliminate the region of multiple and double taxes. The implementation of GST in the domain of indirect taxes is the outcome of the government's commitment to eliminating regional disparities and ensuring the country's balanced regional growth. GST aims to open the progressive door to all sectors of the Indian economy, making them viable not only in the home market but also in the international market, but it’s appropriate implementation with stated goals remains a major obstacle for the country's policymakers. This article seeks to determine the influence of GST on various sectors of the Indian economy, which appears to be favorable in compared to the country's previous tax structure. An attempt has been made to conduct a comparative assessment of the country's old and new tax regimes, as well as to highlight some of the obstacles encountered during their implementation in the country. – Reproduced http://www.iipabiharbranch.org/upload/BJPA%20Vol%20XXI%20No.%202%20Jul-Dec%202024.pdf
650 _aG.S.T, Uniform taxation, Destination based, Cascading effect, Input tax credit.
_952152
773 _aBihar Journal of Public Administration
942 _cAR