What Ordinary Citizens Think About The New GST Reform
The complicated GST slabs that gave headaches to small traders after the flagship tax overhaul came into effect, was cleaned up by the government today, leaving only two slabs -- 5 and 18 per cent. The new structure will be implemented from September 22. For the common man, it means more money in hand. This, the government hopes, will be routed into the economy, giving it a significant boost and having a revenue implication of Rs 48,000 crore.
