A Review on GST Execution and It's Effects
Journal Title: International Journal of Trend in Scientific Research and Development - Year 2018, Vol 2, Issue 5
Abstract
In today' scenario we pay various taxes i.e. Direct and Indirect taxes, which are felt as burden on us and due to these taxes the corruption is increasing. So, to overcome from all these taxation system the Central Government has decided to make one tax system i.e. Goods and Services Tax (GST). GST is one of the most critical tax reforms in India which has been long awaiting decision. It is a comprehensive tax system that will subsume all indirect taxes of State and central Governments and whole economy into seamless nation in national market. It is expected to remove the burden of existing indirect tax system and play an important role in growth of India. GST includes all Indirect Taxes which will help in growth of economy and proves to be more beneficial than the existing tax system. GST will also help to accelerate the overall Gross Domestic Product (GDP) of the country. GST is now accepted all over the world and countries are using it for sales tax system. This paper will help to show that, what will be the impact of GST after its implementation, difference between present Indirect Taxes and GST and what will be the benefits and challenges of GST after implementation. Amit Ilager"A Review on GST Execution and It's Effects" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-2 | Issue-5 , August 2018, URL: http://www.ijtsrd.com/papers/ijtsrd18285.pdf http://www.ijtsrd.com/other-scientific-research-area/public-relations/18285/a-review-on-gst-execution-and-its-effects/amit-ilager
Authors and Affiliations
Keywords
Related Articles
- EP ID EP390013
- DOI -
- Views 70
- Downloads 0
Approaching Rules Induction CN2 Algorithm in Categorizing of Biodiversity
Rule induction is an area of machine learning in which formal rules are extracted from a set of observations. Machine learning is a field of artificial intelligence that uses statistical techniques to give computer syste...
Brain Computer Interfacing using Electroencephalography and Convolutional Neural Networks
A brain computer interface BCI is a communication system that interprets brain activity into commands for a computer or other devices .This technology is the emphasis of a rapidly growing research and development initiat...
A Survey on Classification of Feature Selection Strategies
Feature selection is an important part of machine learning. The Feature selection refers to the process of reducing the inputs for processing and analysis, or of finding the most meaningful inputs. A related term, featur...
Damage Assessment System for Aircraft Structural Defects using Wavelet Transform
Defects are often arises on the inner surface of aircraft structures, but most of conventional techniques can determine only the damages and cannot determine the degree of damage. Digital Image Processing and Wavelet Tra...
Cross-Cultural Mistakes by Renowned Brands - Evaluating the Success and Failures of Brands in Host Nations
"Cross-cultural management is the utmost challenge being faced by the organisations when the plan to work in the host nations. Mistakes are part and parcel of the businesses, and even big giant companies make a blunder a...