The word taxation is derived from the Latin word, which is “taxare” meaning to estimate. Taxes are not payments or voluntary donations, but are a contribution imposed by the government as we become citizens of a country. In this life, we can find tax in toll, restaurant, supply, customs, subsidy or other names. GST (Goods and Services Tax) in India has not been implemented yet, because there will be two types of GST which will be operational in this country, which are CGST (Central Goods and Services Tax) and SGST (State Tax on goods and services). ). This happens because India is a democratic country, so the government wants to eliminate the cascading impact of taxes on the costs of production and distribution of goods and services, which leads to a beneficial impact on GDP growth. For example, the government does not allow free trade in alcohol and tobacco because these items bring the most revenue for the state. Furthermore, since there are two types of GST, each citizen will have to pay the tax individually on their accounts. Apart from this, India has a chance to improve its nation through GST; for example, eliminating multiple tax; use the single point tax to help the business community; reduce corruption, reduce the average tax burden, reduce transaction costs and unnecessary waste. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get Original Essay Also, GST brings benefits to the country itself, for example CST will be removed, so there is no tax credit available for CST, citizens have to pay only single GST instead of state and central GST, reducing the aggregate rate and increasing Indian products in the international market. Since GST was implemented in India, every real estate and construction sector should be included in the GST tax because this sector contributes significantly to the national economy. This has not only happened in that industry, but also happens in the food industry. Besides that, technology transaction should also be taxed, because it is considered intellectual property and considered a service. Similarly, financial services are also charged in GST, although most countries like New Zealand do not impose GST on these services. However, the most important taxation in India is to stimulate overall growth. It is proven by experts who say that GST is likely to improve tax collection and boost India's economic development by splitting taxes into the Center and States' GST.