While the whole world is in the grip of inflation, recession, and stress following the downward trends in the respective global economy, the researchers are still hopeful of moving ahead with optimism. Post-pandemic the digital boom in economic endeavors brought open tremendous doors for young entrepreneurs and environmentalists for serving to their best abilities. Here, the understanding of the global trade intricacies and movement of commodities and funds paves the way for this current study. Taxation reforms in form of Goods & Service Tax (GST), simplification, digitalization, and chasing the evaders by the controlling agencies have been making the road of commerce transparent for combatting inefficiencies, evasion, and computational errors minimum. Post-COVID nearly all the countries are leaving no stone unturned to flourish their economies by imposing faith in the investor’s sentiments and abandoning the relationship between debt and GDP ratios and still performing better within their financial limitations.

KEYWORDS: Inflation, Recession, Global Economy, Economic Endeavor, GST, Digitalization.