Fri, Aug 05, 2016, 07:04 AM
Prof Nageshwar said that all indirect taxes were included in GST Bill. The GST will have an adverse effect on services sector. A family has to pay more service tax if they dine in a restaurant or hire a vehicle. However, direct taxes will have an impact on rich people as common man is paying more compared to rich man through indirect taxes. Nageshwar said that the GST will give a boost to overall economy.