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Ready for GST? Watch Live Updates on GST(Goods and Service Tax)

At midnight on June 30, Prime Minister Narendra Modi will formally usher in the country’s new Goods and Services Tax (GST). First proposed in 2006, the GST will subsume more than a dozen state and central levies into one tax, unifying this country of 29 diverse states and 1.28 billion people into a single market for the first time.


So What is GST?

Goods & Services Tax (GST) is an indirect tax throughout India to replace taxes levied by the central and state governments. It is introduced as The Constitution (One Hundred and Twenty Second Amendment) Act 2017, following the passage of Constitution 122nd Amendment Bill. The GST is governed by GST Council and its Chairman is Finance Minister of India. Under GST, goods and services will be taxed at the following rates, 0%, 5%, 12%, 18%, 28%. There is a special rate of 0.25% on rough precious and semi-precious stones and 3% on gold


How Can I Watch the LIVE Session

Abn news live ntv live sakshi tv5 live 10tv live v6 news live Image Map

Click on the above Channel Logs to watch GST Updates Live

How GST will effect your daily life.. Check out the image @ https://goo.gl/2UtC9U


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