As the clock hit midnight, President Pranab Mukherjee and Prime Minister Narendra Modi pressed the button to mark the start of India’s biggest tax reform ever – Goods and Services Tax (GST). The new tax regime embodies the principle of “one country, one tax, one market” and plans to rejoin the economy as one common market. Addressing the Central Hall of Parliament, PM Modi said GST was the combined effort of different parties and described it as “Good and Simple Tax”. President Pranab Mukherjee talked about his earlier part as Finance Minister and said the rollout of GST was a moment of “personal satisfaction” to him.
Naturally, GST has been the buzz word on social media also with GST dominating the top trends on Twitter. As the new tax reform came into place, most people were just confused what it meant for them.
— Sagnik Misra (@Sangy_Sagnik) June 30, 2017
— Virendra sehwag (@Supermanbita) July 1, 2017
So childrens born after 30 June will be cheaper or expensive 😂😂#GST
— Engineerd (@thebtechguy) June 30, 2017
As many figured out its impact, most stuck to the usual drill of making jokes…
— Dreamer (@johnmas77) June 14, 2017
AC restaurant – 18%
Non AC restaurant – 12%
Be prepared to wipe your sweat with your tandoori naan.
— Gabbbar (@GabbbarSingh) June 30, 2017
— Swapnil Suryawanshi (@swapnil_bs) June 30, 2017
— Bade Chote (@badechote) June 30, 2017
— Dee Dee (@theDeepakDewan) June 28, 2017
GST actual fullform: Goods & Services Tax
Fullform given by modi ji: Good & Simple Tax
Fullform for Indians: Ghano saaro tax#GSTForNewIndia
— Prateek sharma (@Hogyatera) June 30, 2017
— Justin Bieber (@imkkumar13) June 30, 2017
Furthermore, this individual summed up how most were feeling
Mubarak ho! GST hua hai!
— Monica (@TrulyMonica) June 30, 2017