{"product_id":"gst-in-india-simple-tax-in-a-complex-federal-system-9789352876891","title":"GST in India: Simple Tax in a Complex Federal System","description":"\u003cp\u003e • Author(s): Pinaki Chakraborty\u003cbr\u003e • Publisher: Orient Blackswan Pvt Ltd\u003cbr\u003e • Publisher Imprint: Orient Blackswan Pvt Ltd\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eThe Goods and Services Tax (GST), implemented from 1 July 2017, has been hailed as the most important tax reform in India since independence. The objective of GST is to provide a simple tax regime to develop a common market for India, and it is expected to bring multiple benefits to the economy.\u003c\/p\u003e \u003cp\u003e These will include:\u003c\/p\u003e \u003cul\u003e\n\u003cli\u003eincreased tax collections; \u003c\/li\u003e\n\u003cli\u003espur economic growth and increase GDP growth; \u003c\/li\u003e\n\u003cli\u003ereduce the costs of manufactured goods and services; \u003c\/li\u003e\n\u003cli\u003epromote exports, making the domestic market more competitive; \u003c\/li\u003e\n\u003cli\u003epromote employment; and \u003c\/li\u003e\n\u003cli\u003efoster the growth of formal economy and prevent the generation of black money. \u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003e\u003cem\u003eGST in India \u003c\/em\u003eprovides an analytical understanding of GST implementation in the country, while also commenting on the direction of reform and challenges that lie ahead.\u003c\/p\u003e \u003cp\u003eArguing that the revised GST today is a far better version, the book reflects on the possibilities to improve the system and achieve the objectives of simplicity, transparency and neutrality in the implementation of GST, and discusses what it is that hinders the development of a common market, and the idea of ‘one nation, one tax’.\u003c\/p\u003e","brand":"Orient Blackswan Pvt Ltd","offers":[{"title":"Paperback","offer_id":45616506372247,"sku":"9789352876891","price":570.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9789352876891.webp?v=1769294969","url":"https:\/\/atlanticbooks.com\/products\/gst-in-india-simple-tax-in-a-complex-federal-system-9789352876891","provider":"Atlantic Books","version":"1.0","type":"link"}