Will Indian economy grow faster with reduced Goods and Services Tax (GST)?

Yeah, Indian economy definitely gets affected by GST as its aim to development society in this modern era to achieve that government needs public finance so GST started GST on rail and construction sector helps in increasing the economy, it was earlier decided to include rail sector in get to widen tax gains, increase tax so as to keep overall GST rate low which helps in tracking of interstate transportation of goods through the IT network, GST increases the garment industry by $25million as retail sales in 2008 which also results in increasing economy.

So, I think in some coming years India will increase economy and can compete with largest economy countries like China, Japan etc.

I think there is nothing like one nation one tax because as we see deeply, there are two taxes cgst and sgst. So I think its the sane tax but with diff names and also because of this our gdp has increased and it has done nothing good to our society.

A product buying by the customer had to pay so many taxes that increases the product price. After the implementation of GST one tax is applicable and that tax directly goes to the Indian government's account. So India and Indian economy will grow.

GST in India was introduced in 2006 and then finally was implemented in July 2017. All the taxes were subsumed under Gst and it was taken up as a measure to ease the tax structure in India.

GST has brought many changes in the economy, but it has slowly increased the economic growth and it will take time to bring economic growth on track with GST.