Question

conclusion for my project on the topic of --G.S.T in INDIA

Answer 1

Many economists and experts have predicted that the GST bill will boost up the economy in long run. India is a collective economy where each state has its own set of rules for them. This makes the growth of the country slow, causes difficulties to the businesses and higher possibilities of tax evasion and corruption. To make the tax payment process simpler and create a win-win environment for both, government as well as businesses, and to reduce the corruption, GST bill is introduced in India which is very important. So let’s see why GST Act is good for India, the businesses in India and the common man of India.