The conversation between human and AI assistant.
How will the implementation of GST bill impact the lives of common people?
Will it lead to lower prices of goods and services for the end consumers?
The GST is intended to replace multiple indirect taxes with a single, uniform tax, which will eliminate the cascading effect of taxes and reduce the tax burden on businesses. So, in the long run, it is expected to foster a more competitive market and lead to lower prices for goods and services for the end consumers.