English, asked by naman33, 1 year ago

Write any article on current topic (120-150 words).

Answers

Answered by brihat
4
GST stands for Goods and Services Tax
levied by the Government in a move to
replace all of the indirect taxes. The
main idea behind introducing GST is to
improve the economy of the nation. A
single undivided Indian market would
strengthen the economy and make a
nation, powerful as well.
The Introduction of GST in the country
has both the positive and the negative
impact.LET US FIRST FOCUS ON THE
POSITIVE IMPACT OF GOODS &
SERVICES TAX:
GST is a single taxation system
that will reduce the number of
indirect taxes. Earlier, indirect
taxes were charged as central
excise, VAT, service tax, etc. From
now, a single taxation term would
cover all of those indirect taxes.
The Prices of products and
services would reduce so this
system would prove to be
beneficial for the people who are
fed up of paying huge prices.
This would reduce the burden
from the state and the central
government. Presently
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