The country just had the biggest tax transformation in the history and that transformation is the form of goods and services tax (GST). Let’s keep aside all the debates and arguments which were going on for the right and wrong and think for some time what effect will this have on our lives? After all, at the end, it’s all about the pocket. From last so many days, there were several surveys according to which the prices of most of the items were going up after GST and leading to tension for a common man. But let us no try to understand the real impact of GST on our lives. The main motive of GST is to boost the economy of the country. For some time, there may be some problems which will be faced by the people but in the end, it will have a long-term effect. Earlier there were different state and center taxes and hence there were different rates of goods and services in every state. GST has removed this confusion and created uniformity across the country. Here are some of the...
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