GST:Goods and services Tax. It is basically to make tax criteria same in all over India. At present services tax is 14% n Goods is different in different states. After the implementation of this 122nd amendment there would be same tax in all over India. It will decrease the inflation rate, which is good sign for common people. It will also make an increase of 1-2% in India's GDP, which is a good sign for country's economic growth and development....so we are waiting for it's implementation....as soon as possible 😊
GST:Goods and services Tax. It is basically to make tax criteria same in all over India. At present services tax is 14% n Goods is different in different states. After the implementation of this 122nd amendment there would be same tax in all over India. It will decrease the inflation rate, which is good sign for common people. It will also make an increase of 1-2% in India's GDP, which is a good sign for country's economic growth and development....so we are waiting for it's implementation....as soon as possible 😊
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