Law & Legal Studies

Effect Of Two Pillar Tax Regime

Effect Of Two Pillar Tax Regime

The paper is about the implementation and effect of the global taxation regime on Indian economy.

Authors

Nimmy Saira Zachariah, Academic Tutor & TRIP Fellow, Jindal Global Law School, O.P. Jindal Global University, Sonipat, Haryana, India.

Saloni Kumari, Academic Tutor & TRIP Fellow, Jindal Global Law School, O.P. Jindal Global University, Sonipat, Haryana, India.

Summary

Tax is a complex subject which was implemented in earlier time to add on to the revenue of the government. Different countries follow different tax system according to their convenience.

Recently there was a proposal to bring globalization to the system of corporate taxation. The paper is about the implementation and effect of the global taxation regime on Indian Economy. The new regime will be a water shed event in the history of economic laws.

The paper analyses the advantages and disadvantages of this regime in the growth of Indian economy.

Published in: Multicultural Education

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