GST impact on Common man in India

GST impact on Common man in India

GST impact

GST Impact:

Next time when you take a cab or even have a puff of cigarette or grab a bite in your favorite  restaurant, you might want to wonder more about GST. Yes, GST-goods and service tax which recently the Indian government implemented has effective results on common man. This can be further enhanced on the epitome of business profits, manufacture goods and also the turmoil of multiple taxing to one big umbrella of amalgamation. The current tax regime to change into one tax regime is the priority placed on by the present government. The effects of GST is not random to be ignored. Therefore putting forward in points is a like able information generation. What a common man can think about GST when their constant ailing is basic needs. While the businessmen are having their best foot forward profits journey after GST, on the other hand rest the common man whose pocket is mandatorily going to be burned and GST impact.
GST impact

GST impact

Simplification of tax regime can surely help the common man to at-least understand the content of change, yet the complication of tax system is still an issue and affecting the larger crowd “common man”. In simple words, all the services provided like telecoms will rise, which again affect on the distance communication between social capital. Again, airlines will also allow the common man to think thrice to get on a plane. The larger debate of reducing or extending the gap between rich and the poor takes witty. Likewise the accessibility of goods and services are “restricted”, defining the term correctly. Again, for all who dreath inflation, through the GST implementation, the rise of prices will be initially be observed and will affect the common man. For an example, the roadside tea shop holder will not look for buying luxury cars per se or any other luxury goods, or online shopping. He is more interested in atleast having a dream of getting his daughter married. Now with the Increase of jewellery cost, textiles he might drop the idea of honoured marriage. A common man will not be entertained by the branded appeal. He is more comfortable with textiles which will be coming more costly. To contrary, of not increasing the tax of essential activities like ambulance services and pharma products to be cheaper, the common man can heave a sigh of relief to get medicated. Yet, GST will majestically will effect the common man likely direct and indirect too by the codes of taxation regime. The demeaned products like cigarettes, and
other tobacco related products will be costing high with the GST implementation. This might give a steer enlightenment to the common man to quit smoking or other health hazard products.
Unduly rising the Internet packs, it surely puts another restrictions on the accessibility of digital media and information too. Likewise, a discouraging act for the common man to take a back step towards digitisation. To add on, railway tickets getting costlier after GST, how can a common man will travel? How will he think of visiting his daughter studying across the states? How can a common man will bring his small business goods to his village? Or get the banking services at higher cost.
This are some questions which the government have to answer with pride in the same way they implement GST.

 

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