Journal Press India^®

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Since the implantation of the LPG policy during 1991 in India many companies have seen India as the hub of investment. To accelerate these foreign investments into the economy the government of India has taken another major step to attract the foreign investments on 1^st July 2017 called the Goods and Service Tax implementation. GST has increased the ease of doing business and eliminates the cascading effect of tax on goods and services. These are a few of the major reasons for attracting FDI in India. The paper throws light on importance of GST and its relationship with FDI in India.

Keywords

Goods and Services Tax (GST); Foreign Direct Investment (FDI); Investment Sectors; Economy

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