Explain the salient features of the constitution (One Hundred and First Amendment) Act, 2016. Do you think it is efficacious enough âto remove cascading effect of taxes and provide for common national market for goods and servicesâ?
Points to Remember: The 101st Constitutional Amendment Act, 2016, introduced the Goods and Services Tax (GST). Its primary aim was to create a unified national market by removing cascading taxes. The efficacy of the amendment in achieving its goals is a subject of ongoing debate. Introduction: The 101st Constitutional Amendment Act, 2016, is a landmark … Read more