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The Effect of the GST on Indian Growth

Eva Van Leemput () and Ellen A. Wiencek

No 2017-03-24-1, IFDP Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: This note first documents India's current tax system and describes the changes approved under the new GST legislation. Second, it analyzes the impact of the new GST on Indian GDP and welfare through the impact on domestic and international trade. Finally, this note examines the sensitivity of the growth and welfare outcomes under an alternative scenario of the GST bill.

Date: 2017-03-24
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgin:2017-03-24-1

DOI: 10.17016/2573-2129.29

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