Authors : Dr. V. V. V. Satyavathi

Volume/Issue : Volume 11 - 2026, Issue 8 - August

---

Google Scholar : https://tinyurl.com/bdzcjdvp

DOI : https://doi.org/10.38124/ijisrt/26aug1318

Note : A published paper may take 4-5 working days from the publication date to appear in PlumX Metrics, Semantic Scholar, and ResearchGate.

---

Abstract : The Goods and Services Tax (GST), introduced in India on 1 July 2017, has emerged as an important source of government revenue. The present study examines the impact of GST Revenue on Government Revenue in India using secondary data for the period 2017–18 to 2025–26, collected from the Ministry of Finance, Government of India, and Receipt Budget publications. GST Revenue is considered the independent variable and Government Revenue the dependent variable. Descriptive statistics, Pearson correlation, and simple linear regression were employed for analysis.

Keywords : GST Revenue, Government Revenue, Tax Revenue, Revenue Mobilisation, GST, India, Regression Analysis, Taxation.

References :

1. Paliwal, U. L., Saxena, N. K., & Pandey, A. (2019). Analysing the impact of GST on tax revenue in India: The tax buoyancy approach. International Journal of Economics & Business Administration, 7(4), 514–523. https://doi.org/10.35808/ijeba/364
2. Mukherjee, S. (2020). Inter-governmental fiscal transfers in the presence of revenue uncertainty: The case of Goods and Services Tax (GST) in India. Journal of Infrastructure, Policy and Development.
3. Dey, S. K. (2021). Impact of Goods and Services Tax on indirect tax revenue of India: With special reference to Odisha state. Universal Journal of Accounting and Finance, 9(3), 431–441. https://doi.org/10.13189/ujaf.2021.090318
4. Garg, S., Priyanka, Narwal, K. P., & Kumar, S. (2022). Goods and Services Tax and its implications on revenue efficiency of sub-national governments in India: An empirical analysis. Asian Journal of Business and Policy Studies.
5. Singhal, N., Goyal, S., Sharma, D., Kumar, S., & Nagar, S. (2022). Do Goods and Services Tax influence economic development? An empirical analysis for India. Vision. https://doi.org/10.1177/09722629221117196
6. Haldankar, G. B., & Patkar, S. (2024). Regional dynamics and state-level performance in India's indirect tax scenario: Exploring Goods and Services Tax revenue journey.
7. Mukherjee, S. (2025). Do taxes on commodities and services bear a disproportionate burden in India? An assessment from 2011–2012 to 2022–2023. Journal of Development Policy and Practice, 10(2), 120–144. https://doi.org/10.1177/24551333251313873
8. Government of India, Ministry of Finance. (2026). Receipt Budget 2026–27. Government of India.
9. Goods and Services Tax Council. (2026). GST Revenue Collection Data. Government of India.
10. Reserve Bank of India. (2023). Annual Report 2022–23. Reserve Bank of India. The report provides information on Central Government revenue, tax revenue and GST tax buoyancy.
11. Reserve Bank of India. (2024). Annual Report 2023–24. Reserve Bank of India. The report discusses Central Government fiscal performance, gross tax revenue, indirect taxes and GST revenue buoyancy.
12. Government of India, Ministry of Finance. (2022). Economic Survey 2021–22. Government of India. The Economic Survey discusses GST as a buoyant source of revenue for the Centre and States and presents GST collection trends.
13. Government of India, Ministry of Finance. (2026). Economic Survey 2025–26. Government of India. The Survey discusses recent trends in government revenue, tax revenue, and revenue buoyancy.