Gst Impact On Economy
-
{
- All
- News
- Videos
-
'GST Has A Success Problem': Experts Flag Next Big Challenge For Tax Reform
Experts say the pressure on the GST system is increasing because compliance requirements are becoming more complex and more automated.
-
Will Flights And Hotels Get Cheaper Now? How Revised GST Rates Impact Travel
The Goods and Services Tax (GST) Council approved a significant overhaul of tax rates on hotel stays and air travel during its 56th meeting on September 3, 2025
-
GST Reforms May Offset Donald Trump's Tariff Impact: Report
BMI, a Fitch Solutions company, said India is likely to remain one of the fastest-growing emerging market economies in Asia through this decade.
-
"Promise Was To End Corona In 21 Days, Ended Jobs Instead": Rahul Gandhi
Congress leader Rahul Gandhi released a new video today targeting Prime Minister Narendra Modi and the central government for "destroying the unorganized sector" - which he had earlier called the backbone of the Indian economy - with the "sudden" nationwide lockdown to check the spread of the coronavirus.
-
World Bank Projects India's FY19 GDP Growth At 7.3%
The World Bank on Wednesday projected India's GDP growth at 7.3 per cent for the next financial year
-
Budget 2018 Expectations And Reactions To Economic Survey: Highlights
A day after the government released the Economic Survey, reactions to the survey continue to come in. Shedding the impact of the GST and demonetisation, India's economy is "picking up quite nicely", and will expand by 7-7.5 per cent in 2018-19 to again become the world's fastest growing major economy, the Economic Survey said. The economic survey w...
-
Too Early To Conclude Economic Recovery From Notes Ban, GST Impact: Manmohan Singh
Former Prime Minister Manmohan Singh on Saturday said it was too early to conclude that the economic slowdown has reversed as the 6.3 per cent growth rate in the July-September quarter did not take into account the small and medium sector which suffered huge losses in the aftermath of demonetisation and hasty implementation of GST.
-
GDP Growth Recovers, Arun Jaitley Says "Impact Of Notes Ban, GST Behind Us"
The rebound in GDP growth in the quarter ending September marks the reversal of the economy's downward slide over the last five quarters, Finance Minister Arun Jaitley said on Thursday evening, saying the significant part of data released on Thursday is the growth in manufacturing.
-
India's Economic Slowdown 'Temporary, An Aberration', Says World Bank
The recent slowdown in India's economic growth is an "aberration" and mainly due to a temporary disruption caused by preparations for the new national tax GST, the World Bank said on Thursday, also stating that it will get corrected in the coming months.
-
GDP Growth Slides To 5.7%, In June Quarter, Which Is A Three-Year Low
Destocking in the run-up to the July 1 launch of the goods and services tax (GST) and a lingering impact of demonetisation hurt the June quarter GDP numbers, say economists.
-
Demonetisation Impact Fading, Reforms To Pay Off: IMF On Indian Economy
The IMF flagged the vulnerability of India's banking system, which is grappling with high levels of bad assets, and high corporate debt levels.
-
GST Is Here. How It Will Impact You In 10 Points
The historic GST or goods and services tax has become a reality. The new tax system was launched at a function in Central Hall of Parliament on Friday midnight. GST, which embodies the principle of "one nation, one tax, one market" is aimed at unifying the country's $2 trillion economy and 1.3 billion people into a common market. Under GST, goods a...
-
How Does GST Work? Explained Here In 10 Points
With GST rolling out from July 1, the new tax regime subsumed a large number of central and state taxes into a single tax, paving the way for a common national market. From free flow of goods and services to elimination of cascading of taxes, the potential benefits to Indian economy are many. It is estimated that GST could raise GDP or gross domest...
-
GST Launch Now Hours Away. How It Impacts You, In 10 Points
The historic GST or goods and services tax will be launched midnight at a function in Central Hall of Parliament. The biggest tax reform since Independence will change the indirect tax landscape of the country, subsuming over a dozen central and state taxes. GST embodies the principle of "one nation, one tax, one market", unifying the country's $2 ...
-
How GST Will Benefit Consumers, Businesses: Your 10-Point Cheat-Sheet
From July 1, the country will move to a new indirect tax regime as GST or goods and services tax will subsume nearly a dozen of central and state taxes. From the consumer's point of view, the biggest advantage would be in terms of reduction in overall tax burden on goods. For businesses, it means reduction in a multiplicity of taxes and a much simp...
-
'GST Has A Success Problem': Experts Flag Next Big Challenge For Tax Reform
Experts say the pressure on the GST system is increasing because compliance requirements are becoming more complex and more automated.
-
Will Flights And Hotels Get Cheaper Now? How Revised GST Rates Impact Travel
The Goods and Services Tax (GST) Council approved a significant overhaul of tax rates on hotel stays and air travel during its 56th meeting on September 3, 2025
-
GST Reforms May Offset Donald Trump's Tariff Impact: Report
BMI, a Fitch Solutions company, said India is likely to remain one of the fastest-growing emerging market economies in Asia through this decade.
-
"Promise Was To End Corona In 21 Days, Ended Jobs Instead": Rahul Gandhi
Congress leader Rahul Gandhi released a new video today targeting Prime Minister Narendra Modi and the central government for "destroying the unorganized sector" - which he had earlier called the backbone of the Indian economy - with the "sudden" nationwide lockdown to check the spread of the coronavirus.
-
World Bank Projects India's FY19 GDP Growth At 7.3%
The World Bank on Wednesday projected India's GDP growth at 7.3 per cent for the next financial year
-
Budget 2018 Expectations And Reactions To Economic Survey: Highlights
A day after the government released the Economic Survey, reactions to the survey continue to come in. Shedding the impact of the GST and demonetisation, India's economy is "picking up quite nicely", and will expand by 7-7.5 per cent in 2018-19 to again become the world's fastest growing major economy, the Economic Survey said. The economic survey w...
-
Too Early To Conclude Economic Recovery From Notes Ban, GST Impact: Manmohan Singh
Former Prime Minister Manmohan Singh on Saturday said it was too early to conclude that the economic slowdown has reversed as the 6.3 per cent growth rate in the July-September quarter did not take into account the small and medium sector which suffered huge losses in the aftermath of demonetisation and hasty implementation of GST.
-
GDP Growth Recovers, Arun Jaitley Says "Impact Of Notes Ban, GST Behind Us"
The rebound in GDP growth in the quarter ending September marks the reversal of the economy's downward slide over the last five quarters, Finance Minister Arun Jaitley said on Thursday evening, saying the significant part of data released on Thursday is the growth in manufacturing.
-
India's Economic Slowdown 'Temporary, An Aberration', Says World Bank
The recent slowdown in India's economic growth is an "aberration" and mainly due to a temporary disruption caused by preparations for the new national tax GST, the World Bank said on Thursday, also stating that it will get corrected in the coming months.
-
GDP Growth Slides To 5.7%, In June Quarter, Which Is A Three-Year Low
Destocking in the run-up to the July 1 launch of the goods and services tax (GST) and a lingering impact of demonetisation hurt the June quarter GDP numbers, say economists.
-
Demonetisation Impact Fading, Reforms To Pay Off: IMF On Indian Economy
The IMF flagged the vulnerability of India's banking system, which is grappling with high levels of bad assets, and high corporate debt levels.
-
GST Is Here. How It Will Impact You In 10 Points
The historic GST or goods and services tax has become a reality. The new tax system was launched at a function in Central Hall of Parliament on Friday midnight. GST, which embodies the principle of "one nation, one tax, one market" is aimed at unifying the country's $2 trillion economy and 1.3 billion people into a common market. Under GST, goods a...
-
How Does GST Work? Explained Here In 10 Points
With GST rolling out from July 1, the new tax regime subsumed a large number of central and state taxes into a single tax, paving the way for a common national market. From free flow of goods and services to elimination of cascading of taxes, the potential benefits to Indian economy are many. It is estimated that GST could raise GDP or gross domest...
-
GST Launch Now Hours Away. How It Impacts You, In 10 Points
The historic GST or goods and services tax will be launched midnight at a function in Central Hall of Parliament. The biggest tax reform since Independence will change the indirect tax landscape of the country, subsuming over a dozen central and state taxes. GST embodies the principle of "one nation, one tax, one market", unifying the country's $2 ...
-
How GST Will Benefit Consumers, Businesses: Your 10-Point Cheat-Sheet
From July 1, the country will move to a new indirect tax regime as GST or goods and services tax will subsume nearly a dozen of central and state taxes. From the consumer's point of view, the biggest advantage would be in terms of reduction in overall tax burden on goods. For businesses, it means reduction in a multiplicity of taxes and a much simp...
