Thursday, October 29, 2020
Home Government and Policy Watch Pallavi Joshi explain to you what GST is in simple terms

Watch Pallavi Joshi explain to you what GST is in simple terms

GST has been called historic, a game-changer, a unifier. Everybody has welcomed GST with open arms, right from all opposition parties (barring AIADMK), to economic experts. Even the average common man now feels GST will improve his life.

But when you ask people what GST actually is, very few people may be able to explain. Most might know that it stands for Goods & Service Tax, but thats where the train stops. Conceptual understanding of this economic concept is not known to many. And of course many people will have that embarrassing situation when a child asks them, with hope and earnestness, what GST really is.

If you want to get out of such tough conversations with young minds, or just fit-in to your MBA graduate office group, or just be the star of your family dinner, all you need to do is watch this video. Actress Pallavi Joshi explains with amazing ease, what GST is all about and how it will affect you. It is a very simplistic, bird’s eye view of GST and the major impact it will have on everyone’s lives:

[youtube https://www.youtube.com/watch?v=4H1vPlL_OZ4]

After watching this, everyone should get at the very least a basic idea of what GST is. And if the video has sparked off the curiosity in you, and you want to go in deeper, you can always read our easy to digest primer on GST, which covers everything from the genesis, to the way ahead.

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

OpIndia Staffhttps://www.opindia.com
Staff reporter at OpIndia

Related Articles

Trending now

Here are ‘liberals’ who hailed Imran Khan’s benevolence for releasing Abhinandan, while he was shaking in his boots, thinking of Modi going to war

The usual suspects declared Imran Khan 'won' despite the fact that it was Indian Armed Forces that destroyed terror camps in Pakistan.

Watch: ‘Modi, Modi’ slogans reverberate inside Pakistan National Assembly amidst discussion on condemning ‘Islamophobia’ and Charlie Hebdo magazine

The name of PM Modi echoed on Monday as members of Pakistan's opposition members chanted 'Modi, Modi' slogans inside Pakistan National assembly

‘His legs were shivering, head was sweating fearing attack by India’: Pakistani opposition leader reveals why Imran Khan govt had released Abhinandan Varthaman

PML(N) leader Ayaz Sadiq said that Pakistani Foreign Minister had feared that India would attack Pakistan if Abhinandan is not returned

“Dawood Ibrahim administrating legal, financial and mental attack on Republic TV, Arnab Goswami may face physical attack”: Former Bureaucrat RV Subramani

RV Subramani speaks on how Arnab Goswami touched the wrong nerve of Dawood Ibrahim and many politicians by reportage on Bollywood drug nexus

TeleMedicine: Technology bridging the doctor-patient gap to strengthen public healthcare system

Telecardiology helps connect cardiologists and patients in remote areas so that they could get timely report leading to proper diagnosis.

Bihar: The shocking story of Jungle Raj hidden in voter turnouts

The shocking story of Jungle Raj in Bihar no one told you.

Recently Popular

Chinese state-run channel shows the portrait of Prophet Muhammad, netizens ask if Muslim nations will boycott China

Arslan Hidayat, an Uyghur Rights Activist, took to Twitter shared a video of a Chinese TV series on Twitter in which it was depicted that an Arab ambassador visiting China during the rule of Tang dynasty gifts a portrait of the Prophet Muhammad to the Chinese emperor.

Charlie Hebdo mocks Turkish President Recep Erdogan in its latest cartoons, shows him lifting a skirt of woman wearing ‘hijab’

The front-page caricature of Wednesday's edition of Charlie Hebdo that was released online on Tuesday night depicts Erdogan in a white T-shirt and underpants, drinking a can of beer and lifting up the skirt of a woman wearing a hijab to reveal her naked bottom.

Watch: Pro-India accounts disrupt Pakistan’s anti-India online meeting on Zoom, play pro-Hindu and Indian nationalistic songs

Indic social media users caused embarrassment to Pakistani authorities and diplomats after they raided their online event on zoom

Nikita Tomar murder: Taufeeq was pressurising her to embrace Islam family alleges

On Monday, 21-year-old Nikita Tomar was shot to death in broad daylight outside the Aggarwal college in Ballabgarh, Faridabad

Nikita Tomar murder: Main accused Tauseef belongs to a family of influential Congress politicians from Nuh in Haryana

The prime accused Tauseef's grandfather, uncles and cousin brothers are all infuential Congress politicians from Haryana's Nuh

French nationalist leader Marine Le Pen thanks India for support as Pakistan and Turkey lead anti-France sentiments

French Nationalist leader Marine Le Pen has thanked India in her tweet for showing support against anti-French sentiments.
- Advertisement -

Here are ‘liberals’ who hailed Imran Khan’s benevolence for releasing Abhinandan, while he was shaking in his boots, thinking of Modi going to war

The usual suspects declared Imran Khan 'won' despite the fact that it was Indian Armed Forces that destroyed terror camps in Pakistan.

Watch: ‘Modi, Modi’ slogans reverberate inside Pakistan National Assembly amidst discussion on condemning ‘Islamophobia’ and Charlie Hebdo magazine

The name of PM Modi echoed on Monday as members of Pakistan's opposition members chanted 'Modi, Modi' slogans inside Pakistan National assembly

Enforcement Directorate arrests former Chief Secretary of Kerala CM Pinarayi Vijayan, M Sivasankar, in Gold smuggling case: Details

The arrest of IAS officer M Sivasankar, the former chief secretary to the Chief Minister, is being seen as a massive setback to the CPI(M)-led Kerala government.

‘His legs were shivering, head was sweating fearing attack by India’: Pakistani opposition leader reveals why Imran Khan govt had released Abhinandan Varthaman

PML(N) leader Ayaz Sadiq said that Pakistani Foreign Minister had feared that India would attack Pakistan if Abhinandan is not returned

While appealing Muslim counties to counter Islamophobia, Imran Khan says ‘criticism or questioning of Holocaust’ is criminalised in many counties

Pakistan PM confuses between Holocaust denial and Holocaust criticism, says the criticism is criminalised many countries

Republic TV issues statement condemning Mumbai Police summons to their investors in relation to the TRP scam

Republic TV said that crime branch has asked all investors of the channel to produce all financial transactions relating to last five years

Param Bir Singh tortured me with belt, Saffron Terror allegation was Congress conspiracy to paint India as a terrorist state: Pragya Singh Thakur

Pragya Singh Thakur said that Param Bir Singh and Hemant Karkare had tortured her the most when she was in the custody of ATS

Delhi government begins crackdown on Diwali, 11 anti-firecracker squads to be formed to prevent use of crackers other than ‘Green Crackers’

Delhi govt announced that an anti-firecracker campaign will be launched on November 3 ahead of the Diwali festival

“Dawood Ibrahim administrating legal, financial and mental attack on Republic TV, Arnab Goswami may face physical attack”: Former Bureaucrat RV Subramani

RV Subramani speaks on how Arnab Goswami touched the wrong nerve of Dawood Ibrahim and many politicians by reportage on Bollywood drug nexus

Watch: Pro-India accounts disrupt Pakistan’s anti-India online meeting on Zoom, play pro-Hindu and Indian nationalistic songs

Indic social media users caused embarrassment to Pakistani authorities and diplomats after they raided their online event on zoom

Connect with us

245,563FansLike
470,513FollowersFollow
19,500SubscribersSubscribe