Technological Impact of Gst on Consumer Behaviour
Shanti.S1, A.V.N. Murty2
1Shanti S, Research Scholar, Business School, Koneru Lakshmaiah Education Foundation, Vaddeswaram, Guntur (Andhra Pradesh) India.
2Dr. A.V.N. Murthy, Professor, Business School, Koneru Lakshmaiah Education Foundation, Vaddeswaram, Guntur (Andhra Pradesh) India.
Manuscript received on 01 May 2019 | Revised Manuscript received on 15 May 2019 | Manuscript published on 30 May 2019 | PP: 409-413 | Volume-8 Issue-7, May 2019 | Retrieval Number: G5164058719/19©BEIESP
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Technology plays a vital role in India for estimating goods and service tax . This reformed tax is implemented in order to modernize the tax reforms that are existed within India. GST created the high inflation rate after its implementation but it is more beneficial in long run. The main objective of this research is to find out the people’s perception on GST and the impact of GST on the consumers purchasing and savings behaviour and the knowledge about the GST. Questionnaire is distributed to the people in Vijayawada in order to know what the reaction of the people about GST is and the data is analysed in Statistical Package called SPSS and the people of Vijayawada are favourable regarding the GST and the implementation of GST and it has changed the behaviour of the consumer regarding the purchasing of goods and their income savings.
Keyword: GST, Inflation Rate, Purchasing Behaviour, Savings Behaviour, SPSS.
Scope of the Article: Behaviour of Structures.