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  • Implications of VAT For India

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    shreyansh120
    20 vizualizări2 pagini
    India is considering implementing a value-added tax (VAT) to replace existing sales taxes. While introducing VAT will be difficult and disruptive at first, it may help simplify taxation and boost economic growth over the long run by reducing costs for businesses. The new system has potential to increase tax collection and formalisation of the economy if implemented properly.

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    Implications of VAT for India

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    India is considering implementing a value-added tax (VAT) to replace existing sales taxes. While introducing VAT will be difficult and disruptive at first, it may help simplify taxation and boost economic growth over the long run by reducing costs for businesses. The new system has potential to increase tax collection and formalisation of the economy if implemented properly.

    Drepturi de autor:

    © All Rights Reserved
    Descărcați ca PPTX, PDF, TXT sau citiți online pe Scribd
    Indicator pentru conținut neadecvat
    20 vizualizări2 pagini

    Implications of VAT For India

    Încărcat de

    shreyansh120
    India is considering implementing a value-added tax (VAT) to replace existing sales taxes. While introducing VAT will be difficult and disruptive at first, it may help simplify taxation and boost economic growth over the long run by reducing costs for businesses. The new system has potential to increase tax collection and formalisation of the economy if implemented properly.

    Drepturi de autor:

    © All Rights Reserved
    Descărcați ca PPTX, PDF, TXT sau citiți online pe Scribd
    Indicator pentru conținut neadecvat
    din 2

    Implications of VAT for

    India
    First the pains, then the
    gains

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