Articles on Gst
Expected GST Rollout Date – Between April to July 2017
By Paras Mehra January 10, 2017
As per the most trusted sources, the government is firing all cylinders to meet the due date of April 1, 2017, for GST roll out.
Goods and Services Tax (GST) - Impact on Fiscal Deficit in India
By Paras Mehra January 10, 2017
The fiscal deficit is a difference between the total expenditure and the total revenue it generates during a fiscal year.
By Paras Mehra January 10, 2017
Indirect taxes are born by the ultimate consumer of goods or services and hence, there is no denying fact that GST will impact every single person in India.
GST Impact on Debt to GDP Ratio
By Paras Mehra January 10, 2017
Debt to GDP ratio is the ratio between a nation’s government debt and its GDP. It is calculated cumulatively. Lower the debt to GDP ratio, sounder is the economy.
GST Impact on Exports and Current Account Deficit (CAD)
By Paras Mehra January 10, 2017
Current Account Deficit is a situation when nation’s value of imports is greater than the value of exports. It is calculated regarding percentage to GDP. Any percentage of more than 5 % of GDP will have a negative impact on the economy.
By Paras Mehra January 10, 2017
From 10th January, 2017 the government has issued a notification on how to get the provisional ID and password for Central excise and service tax taxpayers.
GST impact on inflation – Real impact on common man
By Paras Mehra January 10, 2017
It has been observed that GST had a long term impact on the economy despite having some short term outrages. In India, what we have is a compromised GST (or Indian GST we can say) and not the ideal GST.
By Paras Mehra January 10, 2017
GST will have a substantial impact on the Make in India scheme or the manufacturing sector. To dream of a robust manufacturing sector, it is imperative to have a simple, less ambiguous taxation system and GST is one of those.
History of Goods and Services tax in India (GST) – The rise of GST
By Paras Mehra January 10, 2017
Our former Prime minister Shri A.B.Vaypayee understand the glitches in the current taxation structure and hence started discussion on the Goods and Service tax (GST) for the first time in Indian history.
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