Is GST really a One nation, One tax system?
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72 comments Page 8 of 8.
Yashvi said:
1 year ago
Hello everyone.
So the topic given to us for GD is GST, that is goods and service tax. GST is an indirect tax which is levied on all the goods and services. It follows one nation one tax policy. Also, it eliminates the various direct and indirect taxes which are imposed earlier like custom tax, income tax, excuse duty etc.
I am in favour of GST as it helped in the country's development and made the tax system easier and more transparent. Now I would like to invite you all to express your opinions on this.
So the topic given to us for GD is GST, that is goods and service tax. GST is an indirect tax which is levied on all the goods and services. It follows one nation one tax policy. Also, it eliminates the various direct and indirect taxes which are imposed earlier like custom tax, income tax, excuse duty etc.
I am in favour of GST as it helped in the country's development and made the tax system easier and more transparent. Now I would like to invite you all to express your opinions on this.
(3)
Novaraj said:
3 months ago
Hello, everyone. I'm Novaraj.
In my point of view.
The one nation and one tax system was introduced by Narendra Modi during the year 2017. GST new concept launch. One tax system was greatly successful. This one system plays a crucial role in India's economy. One tax system is completely implemented in India.
Limitations and disadvantages:
1. Increasing product prices.
2. Middle-class people have difficulty paying taxes.
3. Poor people have difficulty buying food and clothes.
4. Small entrepreneurs have difficulty running a business.
5. Every product has tax it affects to life is so expenditure to live in India.
6. Tax amount misuse by political corruption.
7. It benefits big business to escape tax by managing any one political party.
8. Not possible in India.
In my point of view.
The one nation and one tax system was introduced by Narendra Modi during the year 2017. GST new concept launch. One tax system was greatly successful. This one system plays a crucial role in India's economy. One tax system is completely implemented in India.
Limitations and disadvantages:
1. Increasing product prices.
2. Middle-class people have difficulty paying taxes.
3. Poor people have difficulty buying food and clothes.
4. Small entrepreneurs have difficulty running a business.
5. Every product has tax it affects to life is so expenditure to live in India.
6. Tax amount misuse by political corruption.
7. It benefits big business to escape tax by managing any one political party.
8. Not possible in India.
(1)
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