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- Title
Impact of Taxation on Micro, Small and Medium-Sized Businesses in India.
- Authors
Mishra, Satvik; Shukla, Sudhir Kumar
- Abstract
Micro, small, and medium-sized firms are critical to a country's economic development. In recent years, particularly in the areas of job creation, innovation, increasing people's living conditions, and financial contribution to the country's GDP development, the value of micro, small, and medium-sized businesses to economic growth in any nation cannot be overstated. Some of the major topics covered in this research paper include the challenges of a lack of financial expansive resources, entrepreneurial management skills, unqualified labour, low-quality goods production, a lack of a market for their products, infrastructure, and most importantly, a taxation policy that does not promote but rather hinders their potential for growth.
- Subjects
INDIA; SMALL business; TAXATION; JOB creation; ECONOMIC expansion; VALUE (Economics)
- Publication
Amity Business Review, 2022, Vol 23, Issue 2, p50
- ISSN
0972-2343
- Publication type
Article