The Goods and Service Tax will be effective in India from July 1, and the dream of One Nation One Tax One Market will finally begin to become a reality. The NDA government has roped in Amitabh Bachchan to promote GST in India, and the Bollywood megastar is seen talking about the new GST ruling in an add that talks about the strength of unity and power of one. Indian Finance Minister Arun Jaitley tweeted out the new ad for Goods and Service tax which has Amitabh Bachchan talking about the unified market with the perfect charm and enthusiasm. According to reports, Big B has been made the brand ambassador of GST and will help in promoting the new rule. New GST Rule: Tirupati temple tax burden rises up to Rs 100 crore!
With the music of Sare Jahan Se Acha in the background, the ad begins with Big B being coloured in the Indian flag’s colour and talking about the unified market that is being established with the implementation of GST. The new GST rules are being discussed and rolled out at an alarming pace as the central and state governments are striving to meet the deadline of July 1, 2017, for the implementation of GST in India. The motto of One Nation One Tax One Market is highlighted in the video as Amitabh Bachchan introduces GST as not just a tax but an initiative to unify the markets in India. GST Bill in Parliament: 5 things to know about FM Arun Jaitley’s Goods and Services Tax Bill.
The Goods and Services Tax is an ambitious plan where the NDA government is trying to replace taxes levied by the central and state governments with a single indirect tax and was introduced as The Constitution (One Hundred and Twenty-Second Amendment) Act 2017. This single tax will replace indirect taxes including central excise duty, services tax, additional customs duty, surcharges, state-level value added tax and Octroi and the government is finally rolling out the new rules after years of hard work.
Here is the new ad for GST featuring Amitabh Bachchan
The Goods and Service tax will be redefining the pricing range in our country and bidding adieu to various tax exempts including the tax exemption that temples like the Tirumala Tirupati Devasthanam enjoyed earlier. The GST rule will be making various luxuries like eating outside, staying in hotels, buying automobiles, etc. much more expensive, while reducing the taxes levied on cooking oil and exempting food products like unprocessed milk, vegetables, meat, fish, unprocessed cereals like rice, wheat, and others from the taxing bracket.