I want to understand whether the implementation of Goods and Services Tax (GST) in India has been beneficial or detrimental to the country.
6 answers
CosmicDream
Sun Dec 01 2024
One significant benefit is that the GST Act fosters transparency in the tax system.
Lucia
Sun Dec 01 2024
The Goods and Services Tax (GST) in India offers numerous advantages.
alexander_smith_musician
Sat Nov 30 2024
The introduction of GST replaced these various taxes, creating a unified tax structure across the country.
Martino
Sat Nov 30 2024
By enabling seamless input tax credits, businesses can claim credits for taxes paid on inputs used in production.
CryptoWanderer
Sat Nov 30 2024
This process enhances efficiency and reduces the complexity of tax calculations.