Practicing Success
How did goods and service tax help in achieving the goals of sustainable development? |
Effective utilisation of public funds in fulfilling the social objectives Improved the ease of doing business Reduced multiple cascading taxes All of the above |
Effective utilisation of public funds in fulfilling the social objectives |
The purpose of this initiative was to bring more and more businesses into the formal economy so that effective taxation could take place. Effective taxation ensures that public funds are effectively utilised in fullfilling the social objectives of sustainable development. |