GST Impact on Economy

#Nivezareview on #GSTbill ::

GST bill is one of the most important reform from economic point of view,. It will create single tax system in the indirect tax system. All other taxes such as CST, excise, VAT will vanish and one common tax will come into the place. Hence it will make easy to collect it and as well as tax evasion will become tough. It will also remove the tax on tax or multiple taxes kind of effects and thus it will bring down the overall tax burden on certain sectors such as Auto and Ancillary, Cement, Media, FMCG, Consumer goods and durable etc. So in long run there will be huge benefits for the country and consumers and it will help the revival of the economy as a whole.

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Fortis Healthcare shares rise despite weak Q1 nos

#Nivezareview on #Fortis Healthcare ::
Looking at the fundamentals of the stock, there is no support. Revenues are growing but expenses are much stronger than revenues. Volume pick is always there in the stock. Company is reducing its debt significantly. This could be a better part of the financial statement of the company. Other wise negative earnings are increasing gradually. As far as healthcare industry is concerned, long term story is positive.

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I also wrote a blog on GST benefits. You can see the benefits of GST after reading the blog. But main thing is that GST is very beneficial for a common man. Because all type of taxes will remove only one GST will applicable. So this is very good for everyone. You can read here my blog on GST :-
What are the benefits of GST Bill in India?
Click on the above link.

 

Different tax barriers, such as check posts and toll plazas, lead to wastage of unpreserved items being transported,GST will add to the government revenues by extending the tax base.

 

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GST will simplify the tax structure of our country and make things easy to understand.