Tax Reforms and Business Environment: The Role of GST and the Legal Framework(EN)

The Goods and Services Tax (GST) was implemented in India on July 1, 2017, as a comprehensive indirect tax system embodying the concept of "One Nation, One Tax". This tax reform is a significant step towards bringing transparency, simplicity, and efficiency to business processes. This research paper analyzes the legal framework of GST, its impact, challenges, and the changes in the business environment. It also examines how this tax system is contributing to making India's economy more organized and competitive.