impact of gst on indian economy

SME’s are the primary growth drivers of the economy and the major contributors to the GDP. In India, almost 3 million SME’s contribute to the 50% of the industrial output and 42% of India’s total export. SME’s have expected to emerge as the leading employment-generating sector providing balanced development across sectors for a developing country […]

GST is emerging as the tax of the future that changes the architecture between the state and center. It unifies all the current indirect taxes under the Dual tax structure of GST. The implementation of GST impacts the structure, computation of indirect taxes leading to comprehensive restoration of the current tax regime. GST council finalized […]