DIFFERENCE BETWEEN CURRENT TAXATION AND THE NEW GOODS AND SERVICES TAX (GST) IN INDIA: IMPACT AND IMPLICATIONS

India's tax system underwent a read more significant transformation with the introduction of the Goods and Services Tax (GST) on July 1, 2017. GST replaced multiple indirect taxes, simplifying the taxation structure and unifying the country under a single tax regime. The shift from the previous taxation system to the GST has had a profound impact o