Vat And Gst In India - A Note

Punarjit Roychowdhury

Paradigm, 2012, vol. 16, issue 1, 80-87

Abstract: One of the most widely debated issues in indian public finances in current times is undoubtedly the proposed Goods and Services Tax (GST). Perceived as the ‘biggest tax overhaul since independence’ GST promises to fuel overall economic growth and increase tax revenue of the government to a great extent by removing all the impediments that the financial system had been hitherto subject to. This short note starts off by providing a somewhat candid analysis of the present system of VAT which has been in effect since 2005 and then goes to explore certain critical issues related to GST, its prospects and problems and how it can usher in a new era of government finances of the country. I am indebted to Shyama Nair for many for many helpful discussions. I also thank Sugata Marjit for comments and suggestions.

Keywords: Experiential Marketing; Experiential value; Purchase Intention (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/0971890720120109 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:padigm:v:16:y:2012:i:1:p:80-87

DOI: 10.1177/0971890720120109

Access Statistics for this article

More articles in Paradigm
Bibliographic data for series maintained by SAGE Publications ().