GST: How it impacts the common man

GST: How it impacts the common man

GST Bill passed yesterday is a historic piece of legislation which promises to unify the tax system for the nation and increase the GDP by 2 per cent.   With the Rajya Sabha passing the long-awaited Goods and Services Tax (GST) Bill, country’s most transformative tax reform in decades is likely to affect the common man in numerous ways. What GST means to you? After being unanimously passed, the historic legislation promises to unify the tax system for the nation and increase the GDP by 2 per cent. So while services…

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