GS3 · 10 marks · 150 words

Goods and Services Tax (GST) is a progressive step towards formalization of Indian economy; however, it has simultaneously dented the dynamics of fiscal federalism. Comment.

Answered by 2 toppers · CSE 2022

Syllabus: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment.

How toppers approached it

From all 2 answers · about 230 words.

Opening

  • A definition1 of 2
  • A constitutional or legal provision1 of 2

Body

  • Points and prose1 of 2
  • Points1 of 2

Close

  • A summary1 of 2
  • A way forward1 of 2

The toppers’ answers

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Direct and indirect tax, GST and its council, tax buoyancy, cesses, tax administration and evasion.

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