Is GST really a One nation, One tax system?
Points to remember before you participate in this discussion:
- Assume you are one of the members of a real group discussion.
- Take the initiative to participate and contribute your thoughts.
- Contribute your positive thoughts towards providing the solution.
- Post your thoughts here.
Discussion:
71 comments Page 6 of 8.
Digambar chauhan said:
7 years ago
Yeah, I think GST is one initial step that our govt has taken.
1st it reduces the other taxes like vat, excuses duty and other services tax.
2ndly it reduces the corruption.
3rdly it is One Nation One Tax, so people of any state would not have to pay extra tax and get direct Benefit of it.
4th it is more comprehensive than before and it is dual system tax i.e chat and sgst. So People do not get much confused over tax.
1st it reduces the other taxes like vat, excuses duty and other services tax.
2ndly it reduces the corruption.
3rdly it is One Nation One Tax, so people of any state would not have to pay extra tax and get direct Benefit of it.
4th it is more comprehensive than before and it is dual system tax i.e chat and sgst. So People do not get much confused over tax.
(93)
Naga Sravani Tangirala said:
7 years ago
GST mainly refers to goods and services tax. But how many of us know exactly about the goods and services system in our country. I think 50% of the people don't know about it. The awareness of this tax system should be made first. Gst is mainly introduced to increase the number of taxpayers in the country. It reduces inflation in the country. Yes, I agree with the topic GST is really one nation, one tax system.
(36)
Rakesh said:
7 years ago
Yes, in my point of view, GST is a good step taken by our government. As GST stand for goods and service tax. It helps in raising economey of India. After GST all have to pay same tex in every state. Before GST there was not a compulsary tax on goods people have to pay much tax. It improve our economey. So we can say GST is really one nation, one tax system.
(34)
Ajay kumar said:
6 years ago
Firstly, thanks for giving me the opportunity for expressing my views about GST.
Gst (good and service tax). I do believe this is the good and a beneficiary move made by our government. One nation, one tax system, it is implemented to eradicate over taxes paid by the public. It also helps in the development of the country and poor people.
Gst (good and service tax). I do believe this is the good and a beneficiary move made by our government. One nation, one tax system, it is implemented to eradicate over taxes paid by the public. It also helps in the development of the country and poor people.
(19)
Anita said:
7 years ago
GST, it is a very good intiative taken by the government. It is applied to simplify the taxation process by replacing many taxes such as service, central excise tax, etc. Calling gst as 'one nation one tax' may not be right yet because there are multiple tax rates. According to world bank, India's gst is the most complex gst in the world.
(6)
Aishwarya said:
7 years ago
Hello friends,
As my point of view, GST is having good and bad also. GST reduce corruption also improve the economy it's the good thing. But so many people are poor in our country they don't have money to eat food so how they can be paid tax they are also the part of our nation I think it's the bad thing about GST.
As my point of view, GST is having good and bad also. GST reduce corruption also improve the economy it's the good thing. But so many people are poor in our country they don't have money to eat food so how they can be paid tax they are also the part of our nation I think it's the bad thing about GST.
(45)
Ashish said:
7 years ago
Hello everyone, GST was first implemented in France with 4%. According to my view gvt. Has taken a good step for the society but most of ppl are taking advantage of GST showing Prices high, low.
They are 3 kinds of tax SGST, CGST, IGST. Gst is best for an upcoming generation were everyone clear about what it is.
They are 3 kinds of tax SGST, CGST, IGST. Gst is best for an upcoming generation were everyone clear about what it is.
(11)
Pavan said:
7 years ago
Hello, everyone.
In my point of view, it is one of the many good initiatives taken by PM Modi. It enables us to understand the tax system of India in a more comprehensive way. As you see every day many people caught by CBI raids when compared to the pre-Modi era. I believe these are happening because of GST.
In my point of view, it is one of the many good initiatives taken by PM Modi. It enables us to understand the tax system of India in a more comprehensive way. As you see every day many people caught by CBI raids when compared to the pre-Modi era. I believe these are happening because of GST.
(17)
Hanuman singh said:
7 years ago
Yes, according to me it is a really a one nation, one tax system. Before GST all state had different tax system but after this all state has a uniqe tax system.
It is four type :0%, 5%, 12%, 18%, and 28%.
It is all India with a tax system. And after this tax system ecnomic system is being better than past.
It is four type :0%, 5%, 12%, 18%, and 28%.
It is all India with a tax system. And after this tax system ecnomic system is being better than past.
(19)
Vish said:
7 years ago
According to my point of view, GST is indirect tax or consumption tax which is levied in India to make a single market. Gst is divided into two parts first one is cgst and sgst. As we know India having a very large population so GST works in two-level central and state level for a better environment.
(13)
Post your thoughts here:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers