Indian Streams Research Journal

Volume : V, Issue : I, February - 2015

TAX REFORMS AND GST: CHALLENGES FOR FUTURE REFORMS

Dr.Vineet Jain, None

By : Laxmi Book Publication

Abstract :

Since gaining its independence, India has pursued a planned economic development strategy. The primary goal of Indian fiscal policy at first was to ensure that social fairness was maintained as the growth rate was accelerated.

Keywords :

• Fiscalpolicy,
• Indirecttaxes,
• Growthrate,
• Balance of payment,
• VAT.
• Directtaxes,

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References :

1. Ministry of Commerce and Industry, Department of Commerce (2008): Office Memorandum: Inputs for 13thFinance Commission, F. No. 19/4/2007 – FT (ST), July 1, 2009. Ministry of Finance (2008-09): “Indian Public Finance Statistics”, Department of Economic Affairs, Economic Division, GOI. Ministry of Finance and Company Affairs, GOI (2002): “Report of the Task Force on Indirect Taxes”. Ministry of Finance, GOI (2004): “Implementation of the Fiscal Responsibility and Budget Management Act, 2003”.
2. Competitiveness Kelkar, Vijay (2009b): Special Address at 3rd National Conference on “GST for AcceleratedEconomicgrowthand”,SpecialAddress,NewDelhi,29June.

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