Critical evaluation of the far- Reaching Effects of the Goods and Services Tax(GST) Act on Stakeholders in Gwalior District

  • Unique Paper ID: 170821
  • Volume: 11
  • Issue: 7
  • PageNo: 902-905
  • Abstract:
  • This research paper critically evaluates the extensive effects of GST, on stakeholders focusing specifically on Gwalior district. Gwalior, a vital commercial hub in Madhya Pradesh, boasts a diverse economic landscape characterized by significant contributions from SMEs, retail businesses, and local industries. The study aims to provide insights into how GST has influenced stakeholders in different sectors. It will also identify the benefits and challenges faced by local stakeholders, offering recommendations for improved policy measures. Convenience sampling method is used to identify samples of the study from a target traders, consumers and GST practioner. The sample size of the study is 120 respondents. A primary data set has been utilized in this study through survey method using questionnaires. The data in this study is analysed using SPSS 24.0 software and regression analysis and correlation analysis is used to check hypotheses of the study. The result of the study shows that GST Act Implementation has a significant impact on the practical difficulties faced by the stakeholders.

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