GST: Impact on Indian Economy

- Frenny Sanghvi, Student, Faculty of Management, GLS University, Ahmedabad

- Hetal Pandya, Assistant Professor, Faculty of Management, GLS University.

Abstract:

This study is designed to know the Impact of GST on Indian Economy. This was the biggest reform in taxation till date which was implemented on 1 st July 2017. Implementing the Goods and Services Tax is a commendable step in India’s indirect tax reforms. The study is done to find the impacts of GST on GDP, changes in rates before and after the implementation of GST on Automobile and FMCG industries, sales and profit on various selected Automobile and FMCG companies, abnormal return on stock prices of the companies before and after GST implementation through an event study. Only secondary data was used.

Keywords:

GST, GDP, Sectors, Growth, Stock Prices

 To access full paper, you must register or login

Joomla! Debug Console

Session

Profile Information

Memory Usage

Database Queries