IS GST BLESSING IN DISGUISE FOR INDIAN ECONOMY

Registration ID: IJNRD_170128

Published ID: IJNRD1708006

DOI: Click Here to Get

K. Bala Krishna, , Dr g.srinivasa rao, , s.srinivasa rao ,

Keywords ; GST ,accountability ,transparency, slab rates

GST goods and service tax was a buzzing word in India. It includes adopting a single tax countrywide. This has been done in order to facilitate international traders and abolish intermediation and to increase the accountability at all levels. The present study was based on the survey conducted by us based on random sampling. Though the sample was small yet we hope that it reflect the public opinion. They were of opinion that tax avasion will be reduced and it increases the transparency at all levels. They also were opinion that it would benefit the common man as prices of necessary commodities would come down since food grains were also under low tax slab rates. But different opinions were expressed in not bringing petrol diesel liquor under GST which are the major income sources for government. Inspite of critics there is a certainty that GST would yield best results in the forthcoming years.

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K. Bala Krishna, , Dr g.srinivasa rao, , & s.srinivasa rao , (August-2017). IS GST BLESSING IN DISGUISE FOR INDIAN ECONOMY. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 2(8), 27-28. https://ijnrd.org/papers/IJNRD1708006.pdf

Volume 2 Issue 8, August-2017

Pages : 27-28

Paper Reg. ID: IJNRD_170128

Published Paper Id: IJNRD1708006

Downloads: 000121987

Research Area: Management

Country: east godavari district, andhra pradesh, india

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Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)

ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016

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