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What Is The Real Effect Of GST On Economy & GDP Growth? Nirmal Bang Explains



Nirmal Bang has issued a concise note explaining the precise implications of GST on India’s GDP growth




GST Implementation LikelyTo Boost GDP Growth In Long Run

We organised a conference call with Mr. Sagar Shah, head of indirect taxes at BDO India (LLP) to have his insight on the recent clearance of the Goods and Services Tax (GST) Bill by the Union Cabinet. According to Mr. Shah, even as the costs/prices of products/services may increase in the short run (post GST implementation), gross domestic product or GDP growth is likely to increase by 0.9% to 1.7% in the long run. However, resolution of pending issues may take longer, but the earliest possible date for GST implementation is likely to be April 2016.

Click here to download Nirmal Bang’s Expert Speak On GST
investments, Market Musings, Portfolio    , ,

1 Comment
  1. m.s.reddy's Gravatar m.s.reddy
    December 21, 2014 at 6:13 am | Permalink

    please give news letters

    Reply

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