Best Credit Cards in India

There are question in mind of every native of India, “ what is GST ?” “What is difference between GST and previous tax structure”  “Is GST is applicable to me?” “What are the consequences of GST on their expenditures and savings” and many more. Roughly idea they are drawing in their mind is that it is single taxation system in whole country, but it is many more to it. As it is set to applicable in whole country from 1 st of July 2017, we need to understand this new concept of tax system. What is GST? Goods and Service Tax, a taxation system imposed on the services and products offering in India. It is multi-slab and comprehensive. Old tax structure includes Service tax, Sales tax, Vat, and 14 other taxes. Including all these taxes, there is around roughly 28% to 30% total tax on products. There is value addition in every stage, i.e. from manufacturer to consumer. But in GST there is single tax imposed on products and it will be levied on every value addition, because it i...