Papers by Vijaya Venkateswari Krishnasamy
International Journal of Multidisciplinary Research and Development, 2016
Journal of Management and Science, Jun 30, 2019
India is a fast developing south Asian and seventh largest country by area. Large population of t... more India is a fast developing south Asian and seventh largest country by area. Large population of the country implies a large prospective market in India and puts more pressure for employment in the country. With the gen-next cool trend to start working on new ideas, India is all set to outperform all other nations on the world stage in the years to come. Setting up of small businesses by these young entrepreneurs is definitely going to boost the India economy in the near future. In the present decade, India is undertaking an essential shift towards startup welcoming policies and a business friendly environment. India is a populated country having increasing demand which is putting a competitive environment forcing to create innovative systems. One of these systems is a Startup ecosystem. This paper aims to study about the growth, prospects and effects of Startup systems in India.
_______________________________________________________ The Indian taxation system for goods and ... more _______________________________________________________ The Indian taxation system for goods and services is defined by a cascading, distorted tax structure which leads to misallocation of resources, hampering productivity and slower economic growth. To remove this hurdle, a unified and a simple tax system like GST (Goods and Service Tax) is needed to unite the nation. GST is meant to simplify the Indian indirect tax regime by replacing a host of taxes by a single unified tax, thereby subsuming central excise, service tax, VAT, entry tax, etc. However, there is a plenty of challenges before the government for its successful implementation. GST is a value added tax levied on manufacture, sale and consumption of goods and services. It is proposed to be levied at all stages right from manufacture up to final consumption with credit of taxes paid at previous stages available as setoff. Implementation of GST, whether it would be a Positive sign or Negative sign in the economic growth of our nation and beneficial to a common man? This paper aims to study the pros and cons of implementing GST in India.
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Papers by Vijaya Venkateswari Krishnasamy