In the biggest tax reform since Independence, the national sales tax or GST Bill was yesterday approved by the Rajya Sabha. This will replace a range of different state and local taxes with a single unified value added tax system, and will hopefully boost India to become one of the world’s biggest single markets.
The passing of the Bill was met with a lot of enthusiasm from the Twitterati, even if they weren’t sure about what it is or how it’ll affect them.
Here are some reactions to the GST Bill.
T 2337 – #GSTBill .. debated for long, finally passed .. have no idea what it means ..!! Everyone excited .. pic.twitter.com/yGVnEXLo3A
— Amitabh Bachchan (@SrBachchan) August 3, 2016
Notwithstanding my limited knowledge of Financial stuff ,the #GSTBill is an awesome advancement for our country’s potential. Congrats to us
— Shah Rukh Khan (@iamsrk) August 3, 2016
Compliments to all who have come together for #GSTBill. Sound taxation should be welcomed. Look forward to #GST delivering results for India
— sachin tendulkar (@sachin_rt) August 3, 2016
Can we give one third credit to BJP, a third to Cong and a third to regional parties? One india, one cake! #GSTBill
— Rajdeep Sardesai (@sardesairajdeep) August 3, 2016
GST Bill passed.India’s enormous market–a caged tiger–will now be unleashed. GoodShowTeam India!
— anand mahindra (@anandmahindra) August 3, 2016
Historic! As the #GSTBill passes, #India‘s becomes the democratic world’s largest seamless single economic market. Now lets make it work.
— Chitra Subramaniam (@chitraSD) August 3, 2016
Chidambaram must feel like Devaki as Arun Jaitley plays Yashoda to GST Bill. One’s child, another’s ward. Hare Krishna! #GSTBill
— Madhavan Narayanan (@madversity) August 3, 2016
Some people tried to simplify the Bill for those were still clueless about it.
Very well explained .. how the #GSTbill will result in lower cost of goods. pic.twitter.com/5qOaQfNlTV
— shilpi tewari (@shilpitewari) August 3, 2016
#GST4India :: Key Benefits of the GST Bill pic.twitter.com/qGx1SWdDip
— Arvind Gupta (@buzzindelhi) August 3, 2016
Spot on. This cartoon in the @EconomicTimes (sometimes back) says it all. Period. #GSTBill pic.twitter.com/2DEKDLBdHR
— Devinder Sharma (@Devinder_Sharma) August 4, 2016
If GST only reduces the number of lines on my bill without reducing its final amount, then for me, it’s pretty pointless..
— The Kaipullai (@thekaipullai) August 4, 2016
It took us 16 yrs and 3 PM to get the GST bill on the floor. 10yrs of Congress govt & 6 yrs of BJP. Initiated by ABV and concluded by Modi.
— Vivek Agnihotri (@vivekagnihotri) August 3, 2016