Explained: How Will GST Work?
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The Goods and Services Tax (GST), the biggest reform in India’s indirect tax structure since the economy began to be opened up 25 years ago, at last looks set to become reality. The Constitution (122nd) Amendment Bill comes up in Rajya Sabha today, on the back of a broad political consensus and boosted by the ‘good wishes’ of the Congress, which holds the crucial cards on its passage. Here’s how GST differs from the current regimes, how it will work, and what will happen if Parliament clears the Bill. ——————————————————————————————— Subscribe for more videos: http://goo.gl/RjJrX0 Like us on Facebook: https://www.facebook.com/indianexpress Follow us on Twitter: https://twitter.com/indianexpress Download the Indian Express app at http://indianexpress.com/apps/ Watch more videos at http://www.indianexpress.com/videos
Comments
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nice video
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GST is like simple interest and non gst regime is like compound interest,,, we can take
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Beautiful explanation.. easy.. Thanks :)
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Thanks a mil!
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why is a product being taxed again and again...??? i don't get it...
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But if tax is going down by that much, how will states and the central government make enough money?Punjab state government will lose loads surely
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RICH WILL BE RICHER POORER WILL BE POORER
i think aam admi is not
gonna get something through this, corporate sector will benefitted, because assembly is saying that for next three years will be inflation and the other countries where this gst is implemented having no such no of job creation or gdp growth rate -
Hi, wont the government income reduce??
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The GST concept has been explained in a very lucid way with a practical example. Great work!!!
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I am amazed, that an amendment bill can take 10 years to pass( considering it was announced on 2006-07 ) .
Now that it will be followed soon, we can expect some quality shopping @ less price. -
isn't the goverment now getting less tax?!
So why would the government want to bring a bill that gets them less money?! -
impressive presentation
3m 12sLenght
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