Are GST Reforms Truly Consumer-Friendly?
The recent implementation of GST 2.0 has prompted discussion regarding its impact on Indian consumers. News9 interviewed Nitin Prakash Goyal, a tax-paying citizen, to gauge public sentiment. Goyal expressed a positive view, stating that the reforms are consumer-friendly, offering better products at the same price point.
He noted the reductions in goods' prices frequently purchased by the masses, suggesting increased consumer spending and subsequent economic growth. While acknowledging the timing of the reforms relative to upcoming elections and festivals, he focused on the potential benefits for the average Indian consumer.