ATTITUDE OF PUBLIC TOWARDS GOODS AND SERVICE TAX
Journal Title: International Journal of Research in Social Sciences - Year 2017, Vol 7, Issue 12
Abstract
GST is a revolution in the field of taxation. It is a new face of VAT, which gives a widespread setoff for input tax credit and subsuming many indirect taxes from state and national level. This new system of tax will pave way for a one-country onetax regime and lead to a single unified market across 29 Indian states. The new tax system is not only seen as the main source of revenue for the government, but it is also expected to change the way how the retail traders do their business and comply with the tax slabs. Even though the whole country, be it policy makers in the Parliament, trade and businesses or common man have been debating about the introduction of GST as a new system of taxation that will replace existing value added tax system in the country, there are some sections of the society that are still not aware of it. Hence, this study put an effort to check the level of awareness among public and the issues faced by them in the implementation of GST. The Malappuram district has been selected as the population and 60 samples were selected for the study. For analysis purpose the sample is divided into 3 categories namely business persons, professionals and laymen. The results revealed that these categories do not differe in their awareness level and opinion on issues faced in the implementation of GST.
Authors and Affiliations
Shameema V And Sameeha Thayyil
Keywords
Related Articles
- EP ID EP20747
- DOI -
- Views 340
- Downloads 15
CAPACITY BUILDING AND SUSTAINABILITY OF WOMEN DEVELOPMENT PROJECTS IN KISUMU CENTRAL CONSTITUENCY, KISUMU COUNTY, KENYA
Project sustainability is one of the most critical challenges for all grassroots, national and international development agencies. Many women development projects have been engaged in capacity building initiatives with...
India in the Changing World: From Strategic Autonomy to Systemic Responsibility
The research is an attempt to analyse the emerging dynamism in Indian foreign policy perception in changing global economic and political landscape. The emergence of India as a stable and successful democracy, twisting...
ENVIRONMENT – EDUCATION: AN INTERFACE FOR RESPONSIBLE SOCIETIES – PERSPECTIVES FROM MEGHALAYA
Environmental education is challenged with the stipulation of regurgitating and redefining its aim and ascertain its forte in a macro educational endeavor, whose practicalities have to be refurbished in the contextual...
PROTECTION OF REFUGEES IN INDIA
At present India is not a party to the 1951 UN convention on the Status of Refugees or the 1967 Protocol relating to the Status of Refugees. Nor has it enacted a national law on refugees. Instead India has chosen to de...
SELF CONCEPT IN RELATION TO ACADEMIC ACHIEVMENT AMONG HIGHER SECONDARY SCHOOL STUDENTS
This study aimed at finding out the Self-concept in relation to academic achievement among higher secondary school students. The sample comprised of 300 Self-concept in relation to academic achievement among higher sec...