Impact of taxation on performance in small scale enterprise in indian economy
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Explanation:
- Less profits
- More taxes
- Less amount of time to pay taxes
- Increment of good
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Positive Impact of GST : The cumbersome tax system is removed and a unified tax structure introduced which is easy to operate and will make easy for payment. Removes the cascading effect of the tax, Tax on taxes. Lower burden on tax will ensure lower rates for manufactured goods
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