What is the impact of G.S.T on today's economic of india

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asked Aug 2, 2017 in Class XII Political Science by July (17 points)
Not related to subject just for my knowledge

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answered Aug 3, 2017 by riddam bansal Basic (25 points)
In today's economic life GST has severe bad impact as well as good impact on people life. Firstly,people used to spend their extra money on waste products but now they spend their less money because the prices of goods,vehicles,jewellery etc has been increasing day by day. For e.g. we take example thAt people buying scooters which is easier to drive and other factor is its cheap rates. But now due to establishments of new prices and new BS4 vehicles the prices has been increased by 20000 RS. than the earlier prices of scooters so now people buy only those vehicles that was essential for them not the extra vehicles or good that was not of any use. By GST black money also came out of coy try

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