GST is the biggest tax reform after Independence and it is a very important step. So, according to me, it is a very good sign for the Indian economy going in the right direction.
The expectation from GST was of simplified tax, though the government has tried to keep things very simple but because of tax evasion issue the government has to keep all the parameters checked. This means the system is now getting complicated day by day. It is not by choice but by resilient force of government so that they can bring more tax into the system, more people to file return into the system. They have kept all the checkpoints and now being an honest citizen and a tax payer, I am feeling that the system is very wrong and complicated. But if the government’s standpoint is taken into consideration, they have kept the checkpoints and for me it is good.
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