GST: A Catalyst or Constraint for Indian Economic Growth?

Authors

  • Ca Dr. Swati Jiten Thacker Adhyapak Sahayak, Tolani Commerce College, Adipur

DOI:

https://doi.org/10.31305/rrijm.2024.v09.n07.025

Keywords:

Goods and service tax, Indian Economy

Abstract

Goods and Services Tax (GST) is a comprehensive indirect tax system designed to streamline taxation and boost economic growth. Over 150 nations have successfully implemented GST. In India, the concept was introduced in 2000 by the Vajpayee government. While the Lok Sabha approved the constitutional amendment for GST in 2015, its implementation has been met with significant opposition. This paper aims to explore the potential negative impacts of GST on the Indian economy and analyze the reasons behind the widespread resistance to its adoption.

References

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Shakdwipee, P. (2017). Measuring Awareness about Implementation of GST: A survey of small business owners in Rajasthan. Pacific Business Review International, 116-125.

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Published

15-07-2024

How to Cite

Thacker, S. J. (2024). GST: A Catalyst or Constraint for Indian Economic Growth?. RESEARCH REVIEW International Journal of Multidisciplinary, 9(7), 200–204. https://doi.org/10.31305/rrijm.2024.v09.n07.025