Goods and services tax essay in hindi
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A just and viable tax regime is vital for the sustainable economic growth and fiscal consolidation of any economy in the world. This assumes a greater importance in a developing economy like India where although we have a high demographic dividend, we are yet to convert it to the proportionate human capital, which will in turn benefit the social and economic growth of the country. In order to facilitate this, we need a conducive environment as we push forward towards becoming a better developed nation. In order to become a more economically developed nation, we need a transparent, just, equitable and fair taxation system that is easy to administer. The essential rationale behind this is that the taxation system should be reasonable and non-discriminatory in respect to both the direct taxes payable by individuals and the indirect taxes payable by corporations and industries so as to make them more tax-compliant and bring the larger populace in the taxation net to in turn aid the government in taking development projects. Goods and Services Tax GST is a reformatory legislation which is a single tax on the supply of goods and services, right from the manufacturer to the consumer.
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GST and its Impact on Business in India [Student Essay]
How to say goods and services tax in Hindi?
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Essay on GST in Hindi – GST Tax पर हिंदी निबंध
It is a very good step taken by our government of India to make a developed country. GST is the one tax system which is really helpful for the people. The main aim of this tax system which is really helpful for the people.
As a destination-based taxation system, it has been ratified by the st Constitutional Amendment Act. The end consumer will pay only their part of the tax and not the entire supply chain, which was the case earlier. The GST Council is the first federal institution of India and will approve all decisions pertaining to taxation in India. GST incorporates the following taxes earlier levied at the center and state level.
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