The impact of Indian tax reform on China India economic and trade

DOI

10.2991/isbcd-18.2018.43How to use a DOI?

Keywords

Indian tax system; GST tax reform; advantages and disadvantages of tax reform

Abstract

In the past, tax management level and the kind of tax in India were various, tax rate was complicated, and regulatory was inefficiency,which is limiting the economic development. In order to reduce tax rates, expand the tax base, simplify tax process, coordinate the relationship between local and central tax, Modi government strongly launched GST reform, and formally implemented in July 1, 2017. This tax reform, with a wide range and depth, relates on the vital interests of almost every Indian people, the Indian businessmen, and the people who trade with India. This paper mainly analyzes the Indian tax system, GST tax reform, advantages and disadvantages of tax reform, and matters of attention for the Chinese enterprise when facing tax reform in India,with the hope that Chinese companies understand GST tax reform policies, actively adjust business strategy,go with the flow ,and seize the opportunity.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Lairu Li
AU  - Yang Lei
PY  - 2018/10
DA  - 2018/10
TI  - The impact of Indian tax reform on China India economic and trade
BT  - Proceedings of the 3rd International Symposium on Asian B&R Conference on International Business Cooperation (ISBCD 2018)
PB  - Atlantis Press
SP  - 213
EP  - 216
SN  - 2352-5428
UR  - https://doi.org/10.2991/isbcd-18.2018.43
DO  - 10.2991/isbcd-18.2018.43
ID  - Li2018/10
ER  -