A study on three dimensional effects of tax reforms in India: GST

Parameshwar H.S; Austin Bernard; Arabindo Rajan; Shikhar Jhunjhunwala; Saravana Balaji

Volume : VII, Issue : VI, June - 2018

A study on three dimensional effects of tax reforms in India: GST

Parameshwar H. S, Austin Bernard, Arabindo Rajan, Shikhar Jhunjhunwala, Saravana Balaji

Abstract :

Present article discusses the effects of GST considering three dimensions namely economy, industries, and individuals. This study depicts the clear picture of tax reforms which was announced recently by the government. Furthermore, the paper also shows the effect of GST on economic indicators, different sectors and addition in tax amount while consuming various goods and services by individuals. The study reveals that GST has positive effect on all three dimensions.