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Study Shows GST Reform Boosted Small Business Revenues by 18% in 2025

Summary

A new government-commissioned study released today reveals that the 2025 Goods and Services Tax (GST) reforms have increased small business revenues across India by 18% on average.

A new government-commissioned study released today reveals that the 2025 Goods and Services Tax (GST) reforms have increased small business revenues across India by 18% on average. The reforms simplified tax filing and reduced compliance costs, benefiting over 10 million micro and small enterprises. The study, conducted by the National Institute of Public Finance and Policy, also found a 12% rise in formal sector employment linked to the reforms. Officials say these results validate the policy’s goal to formalize the economy and promote inclusive growth. The findings were presented at a policy review conference in New Delhi, according to PTI.
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Study Shows GST Reform Boosted Small Business Revenues by 18% in 2025

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