Log In Sign Up

FREE GST Billing & Return Filing at ClearTax GST

24th April 2017

A U.S. Federal Reserve paper suggests that the impact of GST in India could be double fo what was expected before. Lowering taxes in the input chain will bump up output and result in cheaper products. GST would affect inefficiencies in the production process and eliminate complexities created by arbitrary tax rates and cascading taxes. The Federal reserve paper estimates GST will boost growth by up to 4.2%, which is double of what was estimated previously.

The Federal reserve paper estimates GST will boost growth by up to 4.2%, which is double of what was estimated previously.

As reported in The Hindu
Stay updated with latest news on GST.

Simplify Your GST Filing & Invoicing

Get Trained & Try Cleartax GST Software for FREE

Start Free GST Software Trial & Training

File GST returns under 15 mins

  • Know tax payable before uploading to GSTN
  • Prepare GSTR – 4, 3B & 1 for all your GSTINs in a single login
Start FREE Trial