Delta National Journal Of Multidisciplinary Research
  • Year: 2018
  • Volume: 5
  • Issue: 1

GST: The need of the hour

  • Author:
  • Shrikant Pajankar
  • Total Page Count: 3
  • Page Number: 43 to 45

Associate Professor, Santaji Mahavidyalaya, Nagpur

Online published on 24 March, 2021.

Abstract

On 30th June 2017 Prime Minister of India Mr. Narendra Modi & President of India Mr Pranav Mukherjee have jointly announced in the Central Hall of Rashtrapati Bhavan that st GST will be implemented in India from 1st April 2017. Before GST many taxes were existent. All these taxes excluding Income Tax one Tax system in the form of GST was implemented. Before implementation of GST the price of same item was different in various states. But nowaday same item will have same price in all over India. Though this decision is good for expenses still this implemented in hurried manner. Had it been implemented after deep and careful study it would have been benefitted immensely to India.