Why consumers should welcome GST

As the July 1 deadline for the rollout of the Goods and Services Tax (GST) draws near, the financial press is filled with tales of woe from businesses large and small. Apart from fervent pleas to the Government to defer implementation, India Inc is worried that the new tax regime will raise costs and tax outgo. Retailers are busy with pre-GST sales urging you to indulge in one last shopping binge.…