[PDF] A Study On Perception Of Engineering Faculty Towards Goods And Services Tax Gst In Guntur Andhra Pradesh India eBook

Author : Narasimha Rao
Publisher :
Page : 9 pages
File Size : 28,71 MB
Release : 2018
Category :
ISBN :

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GST is an Indirect Tax which has reinstated many Indirect Taxes in India. The Goods and Service Tax Act was passed in the parliament on 29th March 2017. The Act came into effect on 1st July 2017.1 Until now, many people are less understanding and confused regarding GST system and give a negative perception about it. Accordingly, this study attempts to find out perception on GST in Guntur, Andhra Pradesh. This research consequently, is an effort to find out perceptions of the engineering faculty about GST. A survey was conducted in Guntur, Andhra Pradesh to understand engineering faculty perceptions on GST. This research is an attempt to know the engineering faculty perceptions towards the aims at the look after of the GST policy. A study was conducted at different engineering colleges and universities of Guntur district of Andhra Pradesh. A questionnaire was used to interview 200 individuals. About the GST, An analysis of the table shows the information sources about GST. Out of 200 respondents majority 58 (29.0%) respondents are known about GST through Electronic media, followed by 49 (24.5%) respondents are known about GST through friends/relatives/peers, followed by 45 (22.5%) respondents are known about GST through Print media, 35 (17.5%) are known about GST from all sources, followed by 13 (6.5%) are known about GST from social media in the study area. An analysis of the diagram shows the GST will boost the Indian economy in the long run, majority 85 (42.5%) are strongly agree that GST will bring boost Indian economy followed by 61 (30.5%) respondents are agree, 33 (16.5%) respondents are neutral, 19 (18. 5%) respondents disagree, 2 (1.0%) strongly disagree in study area. Most of the engineering faculty are not fully aware of GST and have some apprehensions on GST. A grand insurgency is hitherto to take place in the near future in the indirect tax system i.e. GST, so the faculty is not fully aware of the concepts. But, India being a democratic country should make clear to its citizens about the GST. Therefore, it is the need of each and every citizen to have awareness about the new GST. If faculty will have awareness they can create awareness in the minds of students who are becoming young entrepreneurs in near future and making India a vibrant and dynamic country.

Author : K.S.Venkateswara Kumar
Publisher :
Page : 6 pages
File Size : 25,40 MB
Release : 2018
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ISBN :

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GST is an Indirect Tax which has reinstated many Indirect Taxes in India. The GST was passed on 29th March 2017 in the parliament and on 1st July 2017, the Act came into effect. Till date, people have not understood about the GST system which gives a wrong perception about it. Accordingly, this study attempts to gather the information on the pharmacist's perception on GST in Guntur, Andhra Pradesh. A study was steered at Medical agencies, wholesale and retail outlets run by qualified pharmacists at different Mandals in the district of Guntur. A well-structured questionnaire was used to get the responses from 172 individuals. 52.9%(91) of the respondents highly agree that GST causes an upsurge in the prices of medicines,19.2%(33) agree, 20.9%(36) neither agree nor disagree,5.8%(10) highly disagree & 1.2%(91) disagree. It was found that 55.8%(96) of the respondents highly agree that GST will not burden people, 14.0%(24) agree followed by, 18.0%(31) neither agree nor disagree, 11.0%(19) highly disagree & 1.2%(2) disagree. The awareness among pharmacists about GST was found to be very low and have some apprehensions on GST. A grand insurgency is expected in coming years in the indirect tax system. As this is for the first time the government need to take initiatives to make aware of the GST system to all citizens. If pharmacists will have awareness they can create awareness among customers and change their perceptions to make India a vibrant and dynamic country.

Author : R. Kavita Rao
Publisher : Cambridge University Press
Page : 220 pages
File Size : 44,61 MB
Release : 2019-05-23
Category : Law
ISBN : 1108631746

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Goods and Services Tax (GST) was implemented in India in July 2017, after four decades of protracted deliberations amid critical socio-economic and political challenges. GST is a comprehensive multistage value added tax (VAT) on goods and services where both central and state governments share the same tax base. Finding a suitable design for GST that encompasses taxes from both the centre and the state tax brackets makes the Indian GST unique among GST implemented in other federal countries. This book is a study of the evolution of GST in India since the Report of the Indirect Taxation Enquiry Committee of 1977. It studies the following issues on GST: a) inclusion and exclusion of taxes, b) finding a suitable mechanism to handle inter-state transactions, c) finding revenue neutrality of the tax reform, d) providing compensation to states for any possible loss of revenue due to its adoption, and e) possible scope for coordination in GST administration.

Author : Anjali Agarwal
Publisher :
Page : 0 pages
File Size : 47,67 MB
Release : 2017
Category : India
ISBN : 9788177084351

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National level goods and services tax (GST) is India's most ambitious indirect tax reform. Its objective is to levy a single uniform tax across India on goods and services. GST, when implemented, would replace a number of Central and State taxes, making India more of a national integrated market, and bring more producers into the tax net. The changeover to GST, it is claimed, would significantly contribute to the buoyancy of tax revenues, acceleration of growth, and generation of many positive externalities. The present edited volume contains 19 research articles (divided into 5 sections) authored by experts in the field of public finance. GST has now been implemented in 160 countries and case studies have been provided in this volume for an effective comparison. The detailed impact of GST on consumers, business, government, individual sectors/industries, and national growth, along with a comparative analysis of GST with current indirect taxes, is given an in-depth analysis. The included contributions provide insights into various aspects of GST, adding to the heated debate on the implications of this game-changing tax reform. [Subject: South Asian Studies, Economics, Tax]

Author : Basavanagouda Nayaka
Publisher :
Page : 0 pages
File Size : 30,63 MB
Release : 2022
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ISBN :

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Goods and Services Tax (GST) was implemented in India with the primary objective to reduce the burden on all stakeholders in the economy. Consumers are the vital stakeholders of GST as they bear the burden of taxes indirectly and contribute to government exchequer. Before introduction of GST, there were many taxes in force, which led to more complexities in taxing taxpayers, and there was a problem of cascading taxes. GST came as a hope to overcome the issues of earlier tax systems and provide many benefits to consumers. The paper examines consumers perception, level of awareness, and satisfaction about GST. To achieve the objectives of the study online survey has been undertaken by randomly sharing survey links to consumers of Kalaburagi district of Karnataka state. Non-parametric test has been used to analyze the primary data collected. The Chi-square test has been used to test consumers perception, and Mann witney U test and Kruskal-Wallis tests have been used to test the significance of two or more samples. Correlation has been used to examine correlation between demographic variables and level of awareness. The study's findings reveal that consumers have a moderate level of awareness about GST, and level of awareness depends upon educational qualifications of respondents. Majority of respondents have a positive perception towards, and most of the consumers are satisfied with working of GST system. There is a need to increase awareness among consumers by increasing promotional activities and by introducing GST as a course in undergraduate and postgraduate studies.

Author : Taru Maheshwari
Publisher :
Page : pages
File Size : 23,82 MB
Release : 2020
Category :
ISBN :

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The much-hyped tax structure, Goods and Service Tax (GST) was recently introduced. The Government of India took the decision to implement GST on July 1, 2017. This affects every citizen and raises various concerns amongst consumers towards GST implementation. The present paper aims to examine the level of consumer awareness and the perception they have towards GST implementation in India. Additionally, the study attempts to suggest some measures to the government for effective GST implementation. Questionnaire method has been used for primary data collection. The consumers of National Capital Region (NCR) region are the sample audience. The level of awareness for GST implementation has been examined based on Mann-Whitney U test, Kruskal-Wallis test, descriptive analysis and Spearman's correlation. The perception towards its acceptance is examined based on descriptive analysis. The findings reveal that demographic factors are not significantly correlated to the level of awareness. Consumers have a high level of basic awareness. Promotional activities are not insufficient, but awareness programs should be increased which is moderately accepted. Overall, the implementation of GST is highly accepted by the consumers.

Author : B. Viswanathan
Publisher :
Page : 0 pages
File Size : 49,1 MB
Release : 2016
Category : Value-added tax
ISBN : 9788177084290

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Restructuring of the tax system has constituted a major component of fiscal reforms in India since 1991. The main focus of the tax reforms has been on simplification and rationalization of both direct and indirect taxes, with the objective of augmenting revenues and removing anomalies in the tax structure. Tax reforms in recent years have brought the tax system much closer to international tax practices. The current structure of taxes on goods and services in India is highly complex, riddled with exemptions, and characterized by complicated compliance procedures. The strategy of the Government in respect of indirect taxes is to continue the tariff reforms process towards mean Asian levels of customs tariff, convergence towards a single rate of excise duty (with some exceptions), widening of service tax base, and a phased move towards a fully-integrated goods and services tax (GST). This book traces the evolution of taxation of goods and services (indirect taxes) in India during the post-Independence period. More importantly, it analyzes the present structure of indirect taxes and the harmonization measures undertaken by the Government in this regard. It also examines and sets forth core issues pertaining to the proposed national level GST which is expected to be rolled out in the near future. [Subject: India Studies, Economics, Taxation, Public Finance, Public Policy, Business]