Economy #gst#goods and services tax
Nine Years of GST: One Tax, One Market, Many Transformations
The Goods and Services Tax (GST), launched on July 1, 2017, has transformed India's indirect tax system. Nine years on, the taxpayer base has expanded from 66.5 lakh to 1.65 crore, gross collections have risen from Rs 7.4 lakh crore to Rs 22.27 lakh crore, and the rate structure has been rationalised from four slabs to two. The digital GSTN platform has improved compliance and transparency, while the GST Council continues to drive cooperative federalism, according to government data and experts.
Jul 8, 2026 2 sources
