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Home Tax GST’s impact on the common man

GST’s impact on the common man

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More than 7 years old GST return data will not be available on the GST portal, taxpayers can download it till September 30

The single tax regime is expected to bring down prices of most of the household items. 81% of these items fall within the 18% tax slab. This is expected to bring down the cost of running most households. Here is a look at the items and the slabs they come under, starting July 1, 2017.

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