Everything about the GST bill that you need to know.

How will it affect me?

Some things are going to get expensive for you. This includes eating out, phone bills, buying phones and jewellery. But the good news is that shopping, buying electronics and car can get cheaper for you. Banks,telecom and airlines are going to get expensive. The logistics sector is not going to be affected by GST.

There are different levels at which the GST needs to work. It needs to bring uniformity in the taxation system. It will bring in some positive as well as negative effects. How well it does is what we will find out when it be rolled up effectively. There are major confusions right now in the minds of the manufacturers as they try to clear their old stock to welcome the new bill. It will take a while for the bill to be rolled out and implemented effectively.