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GST rollout tonight: Pallavi Joshi simplifies GST - 'Goods and Services Tax Bill' for the common man

GST rollout tonight: Pallavi Joshi simplifies GST - 'Goods and Services Tax Bill' for the common man

 

After 17 thunderous years, a nationwide Goods and Services Tax (GST) will rollout from midnight tonight, overhauling India’s convoluted indirect taxation system and unifying the $2 trillion economy with 1.3 billion people into a single market.

 

GST, which will replace more than a dozen central and state levies like factory-gate, excise duty, service tax and local sales tax or VAT, is India’s biggest tax reform in the 70 years of independence and will help modernise Asia’s third largest economy.

 

Read More: GST - Single tax to reduce prices of most products of mass consumption

 

Pallavi Joshi, actor and entrepreneur understood the importance of making concepts simple and explains GST in a simple way. Watch it:

 

 

 

 

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