Impact of GST on Pricing and Household Expenses of Middleclass Consumers in Mumbai

Key Points

• Examine how the Goods and Services Tax (GST) affects pricing and household expenditures for middle-class consumers.
• Conducted surveys to gather data from middle-class consumers in Mumbai.
• Analyzed pricing trends before and after GST implementation.
• Compared household expense patterns across different categories.
• Observed an increase in pricing for essential goods post-GST implementation.
• Found changes in household expenses allocation, particularly in food and consumer goods.
• Identified varying impacts based on income levels within the middle-class segment.