Friday, 21 April 2017

India's Biggest tax Reforms: GST
GST is going to boostup  GDP of the country By 4.2 %. as per the US  Central bank it is the biggest tax reforms after the indian indendence can enhance the GDP by 6.5lakh crore which is more than the cental government borrowing. it will also enhance the competitiveness among the indian companies
The GST is also expected to increase international competitiveness of
Indian companies, GST will  improve a over all Indian welfare as think by  economist. growth which is driven by domestic and international trade is also expected to increase trade by 32 %, this will happen due to internal barrier reduction by GST. it will replace the multiple and state taxes with a common single levy in all states in the coming Month of july