GST and its impact on the Indian Economy

GST as known as one nation one tax is the direct offshoot of digital India and also put direct impact on digital India. No single dimension of economy is left untouched by GST. It is one of the major tax reforms and very important step for implementation of digital India. In this paper different dimensions of economy are correlated with GST emphasizing their influence on each other. GST rates along with TDS and TCS provisions are discussed in the paper.