India has implemented the Goods and Services Tax (GST) as the biggest tax reform in the country's history. GST unifies India's taxation system and creates a single market by removing interstate tariffs. It is expected to boost India's GDP growth by 1-2% annually and increase hiring by 11% in sectors like manufacturing, logistics, and IT. GST introduces a tax slab system with rates from 0-28% for goods and services and is aimed at reducing business costs, promoting exports, and increasing transparency for global investors in India.

1. Beautiful Continent
29States
7Union Territories
1.3Billion Population
4Major Religion
23Languages 2.3Trillion $ Economy
1

2. Historical Milestones
26 January 1950Territorial Integration
1July 2017Economic Integration
Two important historic dates in last 70 years of Indian Democracy
2
1
Nation
Market
With GSTImplementation
Goods and Services Taxes
Tax

3. Single Biggest Tax Reform
in Independent India
3
SatishJosh

4. For Global Investors
Ease of
doing
business
Transpar
ency
Unified
taxation
as one
market
Reduced
logistics
cost
Confiden
ce in
India’s
Soft-
Power
4
5Most Important Enablers for Global
Investor’s

5. Macroeconomic Impact 1/3
It removes custom duties, promotes exports
Simple and Low compliance cost for business
5
Trade Promotion and Compliance

6. Macroeconomic Impact 2/3
GDP growth rate
1-2%Additional increase in India’s GDP growth rate
6
• India GDP growth rate is projected at 7%

7. Macroeconomic Impact 3/3
GST to boost hiring
11%
7
In Sectors like
• Manufacturing,
• Logistics,
• FMCG,
• IT and ITEs

8. GST Tax Slabs
Rate classification for goods
Exempt 5% 12% 18% 28%
43%
17%
19%
14%
7%
Processed
Food and
Beverages
Kitchenware
Toothpaste
Oil
Soap
Air Conditioners
Refrigerator's
Car’s
8
Coal
Sugar
Tea Coffee
Food Grains
Milk
Salt

9. Distinct advantages for Consumers
9
Indian
Consumer
Reduction
in Tax
Burden
Lower ‘s
cost of
Goods and
Services
Single
Point
Taxation
Ease in
Importing
Products
Microeconomic Impact

10. 10
WELCOME to NEW INDIA GROWING STRONGER TOGETHER

11. Sources
• https://www.adb.org/countries/india/economy
• https://www.moodys.com/research/Moodys-and-ICRA-Indian-economy-
to-remain-strong-in-2017--PR_360695
• https://www2.deloitte.com/content/dam/Deloitte/in/Documents/tax/in-tax-
gst-in-india-taking-stock-noexp.pdf
• http://www.imf.org/en/News/Articles/2017/02/21/NA022217-For-India-
strong-growth-persists-despite-new-challenges
• http://economictimes.indiatimes.com/markets/stocks/news/gst-the-good-
bad-ugly-sector-impact-what-brokerages-
recommend/articleshow/58760612.cms
• http://www.ey.com/in/en/newsroom/news-releases/ey-gst-impact-on-the-
auto-industry
• http://www.gstindia.com/category/industry/
• https://www.pwc.in/assets/pdfs/services/tax/indirect_news_alert/2016/dec
oding_the_draft_gst_law-impact_on_aviation_sector.pdf
11

12. • http://www.investopedia.com/terms/g/gst.asp
• http://www.news18.com/news/business/gst-may-replace-15-indirect-taxes-from-
july-1-heres-how-1366098.html
• http://www.cbec.gov.in/resources//htdocs-cbec/gst/ovw-
short.pdf;jsessionid=6A72794C0E9B2A639EED950D47C38EB8
• http://www.livemint.com/Politics/gAGvH8Csp6hdzNCjLoyf5K/GST-Council-fixes-
tax-rates-foodgrains-exempt-sugar-tea.html
• https://www.ft.com/content/8276ae7c-6876-11e7-9a66-93fb352ba1fe?mhq5j=e3
• http://www.firstpost.com/politics/gst-council-fixes-4-rate-structure-all-you-need-
to-know-about-the-extremely-complex-tax-reform-3087720.html
• http://timesofindia.indiatimes.com/business/india-business/gst-to-boost-indias-
gdp-will-be-positive-for-rating-
moodys/articleshow/59410243.cms?utm_source=toimobile&utm_medium=Face
book&utm_campaign=referral
• http://www.thehindu.com/business/Economy/gst-impact-how-key-sectors-of-the-
economy-reacted/article19198357.ece 12
Sources