Discussion Paper

The Effect of the GST on Indian Growth


Abstract: This note first documents India's current tax system and describes the changes approved under the new GST legislation. Second, it analyzes the impact of the new GST on Indian GDP and welfare through the impact on domestic and international trade. Finally, this note examines the sensitivity of the growth and welfare outcomes under an alternative scenario of the GST bill.

https://doi.org/10.17016/2573-2129.29

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Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: IFDP Notes

Publication Date: 2017-03-24

Number: 2017-03-24

Order Number: 2017-03-24