GST (Goods and Services Tax) - A Game Changer for India

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Abstract

This paper explores the impact of GST on the country’s GDP. Also, the impact on various segments of the population. It also explores the journey of this reform and comparison with the countries which have done this reform earlier. The identification strategy makes use of various reports published by the media and government agencies. The paper also discusses the impact of GST on the logistics industry of India. The paper also looks into the proposed slabs of GST and also its effect on tax revenue for various States of India. The study also considered the items which have considered out of GST net and also how it might impact the Foreign Direct Investments (FDI).