Economy, asked by Anjli8260, 10 months ago

How the reduction of gst will affect the economy?

Answers

Answered by shubham1063
1

Answer:

It depends upon the condition of the economy.

  • If the economy is under slowdown, then reduction in GST will revive the economy.
  • If the economy is performing very well, then reduction in GST would result in loss of revenue for the country.
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