Elim­i­nate tax on tax

TravTalk - India - - Quickbytes -

I think it’s a great move to have a sin­gle tax across the coun­try. This would mean that there will be no dis­par­ity in taxes in Tamil Nadu and Kash­mir or Bhubaneswa­r and Mumbai. It will also elim­i­nate the tax on tax, which we pass on to the con­sumer. How­ever, the quan­tum of GST and the level at which it is pegged will in it­self have a ma­jor im­pact. Thus, any­thing between 18-19 per cent is great, but if it goes above 20 per cent, it won’t be very pos­i­tive. How­ever, over­all, it’s a fan­tas­tic move.

Ajay Bakaya

Ex­ec­u­tive Di­rec­tor Sarovar Ho­tels

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.