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By: Interviewed By Sandeep S Kumar
GST in India
What is the impact of GST on you ?
Dr. Bejoy John Thomas: My Banking and Insurance payments have increased. Also phone bills, hair cutting and dry cleaning. But there is a marginal decrease in the price of FMCG products.
Will GST help Indians?
Dr. Shelly Jose: The biggest advantage as I understand is that now India is truly a single market and GST eliminates need for check post. The gains to the economy are likely to be visible in a few years.