Paper Title :Impact of GST on Indian Economy During COVID-19 Period

Author :Sohan Singh

Article Citation :Sohan Singh , (2022 ) " Impact of GST on Indian Economy During COVID-19 Period " , International Journal of Management and Applied Science (IJMAS) , pp. 6-9, Volume-8,Issue-1

Abstract : Abstract - The GST council of India has completed three years of the GST regime. However, the government is still striving to address various issues and concerns to build a sound taxation system. While the government was resolving downsides concerning the impact of GST on the Indian economy, the COVID-19 pandemic has worsened it. The global pandemic has wrecked the world’s economy. Several countries are striving to cope with the impact of COVID-19 on businesses. India’s government has notified several economic relief measures, and tax calculation changes for companies registered under the Goods and Services tax regime. Concerning the ongoing crisis, experts believe that the chances of businesses experiencing negative growth in India are extremely less. Currently, enterprises are resuming in the country, and the economic growth trajectory will be restored by 2021. The government is primarily focused on the GST implications of COVID-19. In this article, you will read more about the potential impact of GST on the Indian economy during the COVID-19 pandemic.

Type : Research paper

Published : Volume-8,Issue-1

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