NAVIGATING TAXATION: AHMEDABAD BUSINESS OWNERS' PERSPECTIVES ON GST

Abstract

This study explores the perceptions of Goods and Services Tax (GST) among business owners in Ahmedabad, India, in relation to the broader economic impact of GST on the Indian economy. The introduction of GST in India was a major tax reform, with the goal of simplifying the indirect tax structure and establishing a single tax system. The GST has had a significant impact on the Indian economy, affecting various aspects such as business operations, supply chains, and the overall fiscal landscape. This study has two main objectives. First, the objective is to analyse and comprehend the perspectives of GST among business owners in Ahmedabad. Additionally, the study aims to examine how the demographic profile of business owners influences their perceptions towards GST. The research aims to provide valuable insights into how GST is perceived by business owners in the specific context of Ahmedabad. The study focuses on a sample size of 150 business owners located in Ahmedabad city. Through an analysis of individuals' perceptions, this research seeks to reveal insightful viewpoints on GST and make a valuable contribution to the ongoing discussion on tax reforms in India. This research holds great importance for policymakers, businesses, and academics who are looking to gain a comprehensive understanding of the practical implications and reception of GST at the grassroots level in one of India's prominent business centres.