Now it is announced by the govt that prices of GST goes down and that will benefit the poor and middle class people. This is concluded that due to the competition between the companies in INDIA through GST implementation prices goes down of the products as it control the margins of companies and hence prices goes down.
- As it is stated that GST brings down the prices, how gst will do that, it raises the competition between companies so goods prices goes down and its effects directly to the poor class & middle class.
- Govt is making continues efforts to check inflation continuously so that people save money every time.
- Planning to make new consumer acts main priority is the consumer protection to make in new INDIA.
- Govt planning to make consumer protection act is being made and guidelines on all false misleading ads will be stricter.
Now you can say govt again and again trying to make efforts to make GST ease for all kinds of people in India specially the consumers poor class and middle class. Its a good news for all poor and middle class soon the effects comes in market and soon the price of goods goes down.
Check out other news articles about GST here:
FIND HERE THE BEST PRODUCTS FOR GST BILLING AND ACCOUNTING
Comments
Post a Comment