Discover how the Goods and Services Tax has positively impacted daily life and economic transparency for Indian citizens since its inception.
Was the tax burden higher before GST?
Yes. Previously, multiple cascading taxes often added up to 25–30%. With GST, the weighted average rate dropped significantly to about 11.6%, easing the burden.
Are daily essentials cheaper under GST?
Yes. To protect common consumers, many essentials like foodgrains (0%), edible oil (5%), and medicines (5–12%) are taxed at significantly lower rates than before.
How has GST increased tax transparency?
Earlier, many taxes were hidden. Now, your bill clearly displays the GST rate (5%, 12%, 18%, 28%), showing precisely how much tax goes to the government.
Has GST reduced tax evasion and boosted welfare?
Yes. Online invoice linking makes evasion tougher. Consistent revenue growth, exceeding ₹1.5 lakh crore monthly, funds vital public services like roads and hospitals.
In summary, GST has successfully lowered taxes, made essentials more affordable, enhanced transparency, streamlined interstate trade, and reduced evasion, all while supporting India's economic growth.
👉 The RNR was the rate at which GST would give the government the same revenue as old taxes. In 2015, experts pegged it at 15–15.5%. But in practice, GST’s weighted average rate has come down to ~9.5%, well below the RNR signalling a staggering approx. 30% reduction in tax rates as compared to pre GST!
✅ This means the consumer’s tax burden is lighter, while compliance improvements have ensured government revenues remain strong.
📌In short: GST has lowered taxes, made essentials cheaper, brought transparency, enabled seamless trade, reduced evasion, and even moved below the original RNR benchmark — all while keeping India’s growth story strong.
🔎 Myth vs Fact on GST
Many misconceptions surround India's Goods and Services Tax. Let's debunk some common myths and uncover the facts about this transformative reform.
1
Myth: GST increased the tax burden.
Fact: GST replaced multiple hidden taxes like excise, VAT, and service tax, making the system more transparent and often reducing the overall burden.
2
Myth: Everything became costlier due to GST.
Fact: Essential items like food grains, fresh fruits, vegetables, and milk are taxed at 0% or 5%, ensuring affordability for daily needs. In fact, we are paying nearly 30% lesser taxes on an average on goods since pre GST era!
3
Myth: GST is an additional tax.
Fact: GST replaced most indirect taxes; it's "instead of," not "in addition to," streamlining the previous complex tax regime.
4
Myth: Paying GST means double tax.
Fact: GST avoids cascading (tax on tax) by allowing credit for tax paid on inputs, ensuring a fairer tax structure.
5
Myth: Only big businesses benefit.
Fact: Small businesses benefit from composition schemes and can avoid complex filings, while many with low turnover don't even need to register.
6
Myth: GST is only for the Central Government.
Fact: GST is a dual tax where both Central (CGST) and State (SGST) governments share revenues, with states receiving nearly 71% of the total collection.
Understanding these facts helps clarify how GST has simplified the Indian tax landscape, boosting transparency and economic growth for all.
GST: India's Historic Economic Transformation
The Goods and Services Tax (GST), introduced in 2017, marked a historic turning point in India's economic journey. This revolutionary reform unified our diverse nation into a single, cohesive market, dismantling the complex web of indirect taxes that previously hindered seamless commerce.
Simplified Processes
Streamlined indirect taxation, making business operations more efficient.
Enhanced Transparency
Greater clarity across all transactions, fostering a fair economic environment.
Strengthened Compliance
Robust mechanisms ensuring fair tax collection and adherence to regulations.
Sustained Growth
A strong foundation for economic development across all sectors of India.
Today, GST stands as one of India's most successful economic reforms, transforming how businesses operate and ensuring fair tax collection, ultimately creating a foundation for sustained growth and development across all sectors of our economy.
Introducing Next-Gen GST Reforms
Technology-Driven Solutions
Advanced AI and machine learning capabilities streamline tax processes, reducing manual intervention and improving accuracy across all GST operations.
Empowering Businesses
Enhanced digital platforms and simplified procedures enable businesses of all sizes to navigate GST requirements with greater ease and confidence.
Consumer Benefits
Improved transparency and reduced compliance costs translate into better value propositions and enhanced consumer experiences across the marketplace.
Building on GST's solid foundation, the Government of India has introduced Next-Gen GST Reforms to create an even more seamless, efficient, and technology-driven taxation ecosystem. These reforms represent the next chapter in India's digital governance story.
Join the Quiz Revolution
The TNBJP Professional Cell in association with our knowledge partner X Quiz It proudly presents this comprehensive quiz designed to raise awareness about transformative GST measures and encourage active citizen engagement with our evolving tax ecosystem.
01
Test Your Knowledge
Challenge yourself with questions covering fundamental GST concepts and advanced Next-Gen reform features
02
Learn Key Insights
Discover how GST reforms impact businesses, consumers, and India's overall economic growth trajectory
03
Earn Your Certificate
Complete the quiz successfully and receive official recognition of your GST knowledge and understanding
04
Shape India's Future
Become part of India's journey towards a simpler, smarter, and more inclusive taxation system
Whether you're a student exploring career opportunities, a professional managing business compliance, an entrepreneur launching new ventures, or simply a curious citizen, this quiz offers valuable insights into India's tax evolution. Join thousands of participants in expanding awareness and contributing to our nation's digital transformation success story.