Goods and Services Tax: A Study on Small Business Entities Taxpayers in Chennai

J. Hena Esther Rani () and G. Kalpana
Additional contact information
J. Hena Esther Rani: Vels Institute of Science Technology and Advanced Studies, Research Scholar, The Department of Commerce
G. Kalpana: Vels Institute of Science Technology and Advanced Studies, Assistant Professor, Department of Commerce

A chapter in Proceedings of the International Conference on Digital Transformation in Business: Navigating the New Frontiers Beyond Boundaries (DTBNNF 2024), 2024, pp 4-17 from Springer

Abstract: Abstract Any nation’s ability to succeed is based on its different economic sectors and other influencing factors; these factors determine the priorities that are best for the people in terms of trade, investment, economic development, personal growth, and technology support for a higher standard of living. Small business entities are essential to all of these activities. To ensure the ceaseless movement of transparent dealings without any tricky tax compliance that burdens the dealers, businesspeople and consumers this GST was implemented. During the early stage of implementing GST, most small business units found it difficult to adapt because of compulsory registration and digitalization. This study examines the trouble and handicaps that small business entity entrepreneurs confront. To evaluate the effect of different factors that determine the challenges faced by small business entities after the GST implementation in Chennai, Tamil Nadu. 200 small business entities and business owners were selected for the investigation. The research’s statistical instrument was a one-way ANOVA. The transformation through GST has an impact on various factors that affect small business entities are evaluated using an ANOVA. It was found that the GST can have both advantages and drawbacks for the Indian small business entities sector.

Keywords: GST; Small business entities; Entrepreneur (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-433-4_2

Ordering information: This item can be ordered from
http://www.springer.com/9789464634334

DOI: 10.2991/978-94-6463-433-4_2

Access Statistics for this chapter

More chapters in Advances in Economics, Business and Management Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().