The GST (Goods and Service Tax), rolled out on Friday night, and it has been termed a potential game changer. It is the single biggest tax reform undertaken in India in 70 years of Independence. The Union Government says that it is founded on the concept of “one nation, one market, one tax”.
On July 1, a single indirect tax regime will come into force, dismantling inter-state barriers to trade in goods and services.
Several television celebrities, who are excited about this move, have talked about the advantages of GST in their daily lives.
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