Impact of GST in Indian economy...

Oct 1, 2017 by

The year 2016 saw one of the most incredible economic reforms in India when on 8th November midnight, all 1000 and 500 currency notes were stopped from being used. Another reform came into light when the Goods and Service Tax was introduced from the 1st of July. Ever since India got its independence, there has not been such a revolutionary change in economy and this has helped organize all the markets very effectively. Yes, there have been many debates about the effect of GST on Indian economy and how it has disrupted the demand supply balance. However, if you had to sit down and analyze the impact GST would have on the economy in 5 or 10 years, then you would be amazed to see the benefits of this tax system. So, here is...

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