Twitterati change the name of GST to Great Stupid Tax
The stage is all set for the rollout of the major indirect tax reform measure - Goods and Services Tax (GST) - in Parliament's Central Hall on Friday night
The stage is all set for the rollout of the major indirect tax reform measure - Goods and Services Tax (GST) - in Parliament's Central Hall on Friday night.
But some Twitterati `who are against the idea changed the name from Goods and Services Tax to Great Stupid Tax. He are some of the reactions.
Once upon a time 3 years ago— arif@saad (@ARIFRecon) June 30, 2017
Service tax = 12%
S Tax + swatch bharat = 15.5%
18% - 28 % Great Stupid Tax
Great Stupid Tax
If you have a chain of restaurants across the country you are faced with different tax rates on account of liquor!— Tehseen Poonawalla (@tehseenp) June 30, 2017
The Great Stupid Tax
The launch will take place at the stroke of midnight after speeches by President Pranab Mukherjee and Prime Minister Narendra Modi in the presence of Vice President Hamid Ansari, MPs, Chief Ministers and state Finance Ministers besides a host of industralists and legal luminaries.
The hour-long event seeks to evoke memories of the "Tryst with Destiny" moment of 1947 when first Prime Minister Jawaharlal Nehru made his famous speech to mark India's independence.
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