How much will GST impact Budget 2026 math? - The Economic Times

Subsuming multiple state taxes, VAT, and other indirect levies, the Union Government introduced the Goods and Services Tax (GST) in July 2017. This nationwide tax replaced a host of indirect taxes and significantly reduced the burden of compliance and paperwork. By bringing various taxes under a single framework, GST introduced uniformity across tax structures at both the state and central levels.…