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Showing posts from July, 2020

BJP rejoice 3rd anniversary of GST's unsuccessful Implementation

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Welcome to another blog, in this blog I put forward a satirical but factual analysis of Goods & Services Tax (GST) launched by Government of India on 1st July 2017, so practically its 3 years and still GST benefits have not graduated to common public. Before I put my data driven facts based thoughts, let me clarify GST is not a bad idea infact unification of multiple taxes was originally coined by Govt. in early 2000 and was aimed to bring following benefits: Simple Taxes  Increased Revenue for Government  Increased GDP of India Reduced Inflation.   Lets see in the blog if the above benefits are realized by our beloved nation India or GST was just another extravaganza empty promise of today's Indian Iron Man - Mr. Modi. Indian PM announcing GST  On July 1st, 2017 at the stroke of midnight Mr. Modi in pretty much Pt. Nehru style announced the new reformation of Indian Tax system with big promises to public, business, state govt and national financial instituti