Paradigm on tax reforms by the implementation of goods and service tax (GST): A contemporary study in India
S Umamaheswari, Dr. B Mythili
India has become one of the world's most attractive investment destinations. But, despite India's progress, it still has a complex indirect tax system with separate, sometimes overlapping, taxes administered by various federal, state, and local jurisdictions. Understanding that a complex tax reforms is an obstacle to economic growth, India has been debating a fundamental reform of its indirect tax system. This is a historic landmark in India to make on unified market to bring the uniformity in tax structure by implementing Goods and Service Tax (GST). So it was an appropriate time, therefore, to make credible the threat of crackdown on black money and corruption within India. This paper highlights that Paradigm on Tax reforms through the implementation of Goods and Service tax (GST) to depict a strong signal about India’s anti corruption drive.