http://www.rediff.com/business/report/will-consumers-benefit-from-lower-tax-under-gst-jaitley-thinks-so/20170428.htm
He, however, said companies should pass on to consumers the benefit of reduction in taxes under GST which will eliminate the current compounding effect of different central and state levies.
Arun Jaitley can't get banks to pass on rate cuts to common man.
& He asks companies to pass on benefits..
Long shot, it would happen...
All this, when service taxes across all the bills will be hiked from 15 to 18%...
Update 27 Aug 2017: now it's2 months, GST has been running.
Which all prices have gone down?
He, however, said companies should pass on to consumers the benefit of reduction in taxes under GST which will eliminate the current compounding effect of different central and state levies.
Arun Jaitley can't get banks to pass on rate cuts to common man.
& He asks companies to pass on benefits..
Long shot, it would happen...
All this, when service taxes across all the bills will be hiked from 15 to 18%...
Update 27 Aug 2017: now it's2 months, GST has been running.
Which all prices have gone down?
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