VIDEO: How GST Will Affect The Price Of Cars, Chai, Gold, Alcohol & Of Course Movie Tickets
Will the newly-minted GST make your a-movie-a-week habit more expensive? This video explains it all
GST is the buzzword in India ever since it was brought into effect on July 1, 2017.
Considered as the biggest tax reform of India, GST has left the country perplexed as no one can clearly understand the implications and effects of it. The problem is further worsened by the heavy jargon and financial language used in explaining GST by all the financial experts.
When the common man is still struggling to come to terms with the new phenomenon and how his life is going to change due to GST, newspapers and channels are making life all the more miserable by throwing around jargon and phrases only CAs would understand.
Just like the days of demonetization, when nobody could guess what was going to happen next, how are the new denominations going to change our lives, there’s wide spread confusion around GST as well with everyone grappling with the new rates of taxes levied on goods and services of daily use.
At a moment like this, you wish somebody would explain the intricacies of GST in simple, layman terms. How convenient would it be if somebody just broke down the whole phenomenon, piece by piece, and explained GST in a manner which could be understood by people who have no relation whatsoever with accounts or finance!
We wished the same and then came about this video explaining GST in the simplest manner possible.
The video also throws light on some of the major price changes in the commodities and services of daily use, be it tea, cigarettes, cars, gold or alcohol.
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