GST is final nail on illegal gold market

Demonetization was just a salivating trailer. The pounding of black money hoarders in India is about to begin with the rollout of Goods and Service Tax (GST) regime in a couple of months. Post the note-ban that ruthlessly flattened the unimaginable cash piles, the focus is now shifting to gold. As the 68-year old Republic shrugs off the byzantine tax regime and unites in a one-tax system, it lends…