IMPACT OF GST ON INDIAN ECONOMICS AS GDP GROWTH OF INDIA

India's indirect tax system underwent a radical change in 2017 with the introduction of the Goods and Services Tax (GST). With the goal of establishing a single, clear tax system, the GST replaced a convoluted system of state and federal levies. Numerous macroeconomic indices showed notable shifts in the Indian economy between 2018 and 2023. therefore, it was crucial to examine the widespread effects of the GST throughout this time. This research is to assess the overall effects of the GST on the Indian economy between 2018 and 2023, with a particular emphasis on important aspects including GDP growth, competitiveness, tax efficiency, and the incorporation of digital taxation systems. GST revenue growth has a positive impact on GDP growth, with a 1% GST revenue growth causing 0.56% economic growth. India's GDP growth was 7.8% in Q1 FY26, surpassing RBI's forecast GST collections rose 6.2% to ₹1.93 lakh crore in January 2026 Net GST revenue grew 7.6% to ₹1.71 lakh crore in January India's GDP growth projected at 6.7% for FY26.

Authors

Institutions

Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2026-02-15
DOI
https://doi.org/10.5281/zenodo.18846998
Primary Topic
Cyberloafing and Workplace Behavior
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

IMPACT OF GST ON INDIAN ECONOMICS AS GDP GROWTH OF INDIA

Dr. Sonu Kumar, Mousam
Zenodo (CERN European Organization for Nuclear Research)
Cyberloafing and Workplace Behavior
article

IMPACT OF GST ON INDIAN ECONOMICS AS GDP GROWTH OF INDIA

Dr. Sonu Kumar, Mousam
article en

Abstract

India's indirect tax system underwent a radical change in 2017 with the introduction of the Goods and Services Tax (GST). With the goal of establishing a single, clear tax system, the GST replaced a convoluted system of state and federal levies. Numerous macroeconomic indices showed notable shifts in the Indian economy between 2018 and 2023. therefore, it was crucial to examine the widespread effects of the GST throughout this time. This research is to assess the overall effects of the GST on the Indian economy between 2018 and 2023, with a particular emphasis on important aspects including GDP growth, competitiveness, tax efficiency, and the incorporation of digital taxation systems. GST revenue growth has a positive impact on GDP growth, with a 1% GST revenue growth causing 0.56% economic growth. India's GDP growth was 7.8% in Q1 FY26, surpassing RBI's forecast GST collections rose 6.2% to ₹1.93 lakh crore in January 2026 Net GST revenue grew 7.6% to ₹1.71 lakh crore in January India's GDP growth projected at 6.7% for FY26.

Zenodo (CERN European Organization for Nuclear Research)
NIILM University (IN)
Decent work and economic growth
Openalex Percentile: Top 48%
Cyberloafing and Workplace Behavior
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.