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Former government slept for years ignoring the pain of sellers and manufacturer.
I think BJP will think to implement this.
But why do you say 2016.
It should be asap.
I don’t know how restaurants charge taxes.
They charge VAT, service tax and service charge.
Nothing is clear.
There should be a regulation for this also.
You are right. The multiple and complex tax structure should be replaced by a single unified tax system. It will be a boon for the growth of industry and economy as well.GST should be implemented at the earliest possible.
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This is an excellent article. The GST system should be implemented quickly as soon as possible. That will be incentive to attraction of FDI and consequential prosperity
Former government slept for years ignoring the pain of sellers and manufacturer.
I think BJP will think to implement this.
But why do you say 2016.
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Tax evasion is high with such complicated structure.
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They are fearing revenue loss.
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Taxes are very high in India, even the corporate tax.
First the government should lower corporate taxes and then GST should come.
I don’t agree. Why don’t you consider different aspects for services and goods.
Rather we should simplify Service Tax and Excise.
GST was to be executed years ago but the last government did not dare to.
I believe revenues will increase if GST comes.
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With our new Finance minister we hope to be implemented in a year and a half