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Dealing with GST in the Union Budget 2017

Lekha Chakraborty

Working Papers from eSocialSciences

Abstract: Goods and Services Tax (GST) is a harmonized tax regime and it can curb black money through practicing clean "invoices" to redeem input credit. In the Union Budget 2017, central government may announce a clear timeline to roll out GST in India, fixing the rates and revenue sharing.

Keywords: Budget; GST; Goods and Services Tax; Fiscal Responsibility and Budget Management (FRBM); India; GDP; Fiscal deficit; India; revenue; revenue neutral rate†(RNR); Arvind Subramanian Committee; Tamil Nadu; West Bengal and Kerala; demonetisation; states; economic activity and the livelihood issues (search for similar items in EconPapers)
Date: 2017-01
Note: Current Affairs
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