Welcome to Moneylife Foundation’s CREDIT HELPLINEThe main objective of this Helpline is to provide information, advice and preliminary guidance to individuals needing help in credit related areas. Our objective is to arrive at a solution that is acceptable to both the borrower and the lender. We encourage responsible borrowing.

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OUR EXPERTS

Sucheta Dalal

Trustee - Moneylife Foundation

Suresh Prabhu

Mr Prabhu retired as Senior Vice President from HDFC Bank

R Bhuvaneswari

After serving Bank of Baroda for almost 40 years, Ms Bhuvaneshwari retired as Chief Manager in 2013.

Yogesh Sapkale

Yogesh Sapkale is Deputy Editor of Moneylife and writes on finance, credit related issues

This is a very important question. Everybody is looking forward to cut prices after GST, but I think the GST is the only way to collect different lines in a simple way.

India's largest step is GST Tax India. First of all, we will have a different line than we expected, and some extra taxes will be removed.

According to this assumption, I will continue to write my answer.
This taxation is easy to implement single taxes. In any case, these federal governments postpone GTD will reduce the prices of goods.
First of all, we will have a different line than we expected, and some extra taxes will be removed. But we expect to have some of the layers they've introduced and the practices to follow.This 5,12,18 and 28 is absolutely a surprise and shock. There is no taxation in any country in the world 28% taxes.
The GST root is there. As they have noted, all funding wages will not increase spending, it will not affect ordinary people like wise people.
Absolutely everything will be indirectly affected.
The cost of creating this pay is subject to the GST tax. Eg Tea, sugar, tea powder ... They have to buy to buy these, the price of these products has increased, so it will reflect on our head.
Not only this, there is a similar kind of similarity to everyday use.
This is indirectly affecting everyone.

As GST statute bill is set to face test in Rajya Sabha on Wednesday, agri commodity sector remains in dark whether the APMC/ mandi taxes, interstate taxes will be abolished and only GST will be applicable.

GST is a tax reform where as inflation depends on my factors such as demand,supply etc.Though it has been said that GST will bring down the price of commodities but let's see wait and watch. READ MORE:https://123gst.com/gst-registration/registering-in-gst
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Sucheta Dalal Trustee - Moneylife Foundation

Suresh Prabhu Mr Prabhu retired as Senior Vice President from HDFC Bank

R Bhuvaneswari After serving Bank of Baroda for almost 40 years, Ms Bhuvaneshwari retired as Chief Manager in 2013.

Yogesh Sapkale Yogesh Sapkale is Deputy Editor of Moneylife and writes on finance, credit related issues

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