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Evaluating the Fiscal Measures in the Union Budget 2024–25: Addressing Inflation, Growth, and Social Welfare

Introduction The Union Budget 2024–25 is a critical document that outlines the government’s fiscal policies and strategies for the upcoming financial year. The budget serves as a key instrument for managing the Indian economy and directly impacts inflation, economic growth, and social welfare. The fiscal policy measures announced in the budget aim to address challenges…

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GST in India: Objectives, Effectiveness, and Its Impact on the Indian Economy

Introduction The Goods and Services Tax (GST) is one of the most significant tax reforms in India’s history, implemented on July 1, 2017. It replaced a complex system of multiple indirect taxes imposed by both the central and state governments, aiming to create a unified taxation structure. By eliminating tax cascading, simplifying compliance, and broadening…

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