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Monday, July 20, 2009

GST: Awareness is a must


The UPA government is going to impose the goods and services tax from April 1st, 2010. The proposal for the same came in 2006-07 budget by the then finance minister chidambaram. In net effect the government has 7 months left before the introduction of GST. There are views that this is not practial since introduction of a major thing needs proper preparation. In the case of GST which is not done properly.
I think before the introduction of GST government should encourage the awareness about it through the media. As India is recording good frowth rate and is going to become a gaint in the economic scenarion of the world this is the high time to introduce GST.
There is less euphoria sice the topic is not discussed in the media, and awareness about it is very less among the public. Therefore I plead to take initiative in this regard-in this complex world information is wealth.

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