Banking sector in india - A more focused area after GST
DR. C. Thirumal Azhagan
, A. Kanmani
Banking , Impact, cascading effect, GST
The introduction of goods and service tax is one of the most important tax regime in India. It is expected that financial sector will have major impact of GST than the other sectors. Among the services provided by the banks, insurance, and financial services such as fund based, fees based, insurance services facing new issue in current tax system. Banking sector get impacted significantly. Separate registration in each state, operational reconstruction, identifying inter-state transaction, reconciliation of state wise branches, filling of returns on monthly basis are some issues faced by the banking sector. The main aim of this study is to reduce the cascading effect of taxes imposed on goods and services in our economy. The purpose of this study is to establish benefits and issues faced by the banking sector and its effects on the customer after the implementation of GST.
"Banking sector in india - A more focused area after GST", IJSDR - International Journal of Scientific Development and Research (www.IJSDR.org), ISSN:2455-2631, Vol.4, Issue 3, page no.97 - 99, March-2019, Available :https://ijsdr.org/papers/IJSDR1903019.pdf
Volume 4
Issue 3,
March-2019
Pages : 97 - 99
Paper Reg. ID: IJSDR_190157
Published Paper Id: IJSDR1903019
Downloads: 000347220
Research Area: Management
Country: Arakkonam/ Vellore , Tamilnadu, India
ISSN: 2455-2631 | IMPACT FACTOR: 9.15 Calculated By Google Scholar | ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 9.15 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publisher: IJSDR(IJ Publication) Janvi Wave
