IJFANS International Journal of Food and Nutritional Sciences

ISSN PRINT 2319 1775 Online 2320-7876

IMPACTANDCHALLENGEESOFGSTONVARIOUSCONSTITUENTSOF INDIANECONOMY

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Dr. A V N Murty1,Dr. N S V N RAJU2
» doi: 10.48047/IJFANS/11/S6/025

Abstract

The Goods and Service tax (GST) is a very effective tax reform. It is introduced to modernize the existing tax reforms in India. GST has caused a high inflation rate in the short term, but it is beneficial in the long term. The impact of GST on consumer buying and saving behavior, knowledge about GST, number of GST filings, income tax policies, types of GST, and so on in the Indian economy. A questionnaire is sent to the people of the area to know what their reaction is on GST. The data is analyzed in Statistical Package known as SPSS. The people of the area are positive about the GST and implementation.

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