A STUDY ON IMPACT OF GST ON INDIAN ECONOMY

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A STUDY ON IMPACT OF GST ON INDIAN ECONOMY

Author: SRINIDHI B MBA II JAYAPRIYA G.C MBA I

Published On: 2023-05-13

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Abstract

GST is a single, uniform national tax applied to all goods and services in India. All indirect taxes, including excise duty, central sales tax (CST), value-added tax (VAT), and others, would be consolidated under the GST. The Goods and Services Tax (GST) is projected to be implemented as a key step in the country's comprehensive indirect tax reform, which would drive India's economic growth. The proposed study aims to determine how the GST will affect the Indian economy by examining each sector's specific impact. Secondary data were utilised given the exploratory nature of the investigation. The information will be gathered from various journals, newspapers, and websites.

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