The much-awaited the much debated and the what is being touted as a historic tax reform, Goods and Services Tax (GST) was launched at a grand event in Parliament’s Central Hall on July 1. Prime Minister Narendra Modi and President Pranab Mukherjee launched the new tax regime at the stroke of midnight in presence of Finance Minister Arun Jaitley, Vice President Hamid Ansari, Speaker Sumitra Mahajan and other Cabinet Ministers and senior government officials. However, the opposition Congress party decided to boycott the launch event.
Local levies like excise, value added tax, octroi, service tax are set to be replaced by GST. All goods are aligned in the five slabs of taxation— 5%, 12%, 18%, 28% and 28%. While President Mukherjee was pleased that the council completes its task in time, PM Narendra Modi came up with its own full form of GST and termed it as Good and Simple Tax.
Read More: GST rollout: Top 5 quotes by PM Narendra Modi and President Pranab Mukherjee
While the government officials asserted that the historic tax reform had finally become reality, chaos and confusion and jokes prevailed on Twitter. Some were trying to get over their confusion over the new tax regime, some understood it and tried to comprehend the impact GST will have on their lives and the results were hilarious. If you’re someone who has understood the impact or knows the word GST but don’t really know how it is going to affect you are bound to relate to these hysterical tweets.
Uh-Oh!
When someone says tu to topper ta,
GST ka matlab bata chal pic.twitter.com/1rt7NcC3Bm
— THAT RANDOM Guy (@Soundhumor) June 29, 2017
Those PJs!
Please do not Tweet any GST related jokes, mobile battery automatically goes down by 28%.____
— Lambaddar _______ (@KulwantJanjue) July 1, 2017
Pretty much what a number of people think right now!
GST pic.twitter.com/7SpcpdGJJm
— Mask (@Mr_LoLwa) June 29, 2017
Some feel cheated -_-
BJP voter after knowing that #GST will make alcohol more expensive pic.twitter.com/wLkRJSjJF5
— Professor (@BeerOholic) May 19, 2017
When you know there is something called GST but you don’t really know how it works but also aware that it’s important to know it.
If u can’t feel the GST in the air you are not a true nationalist “janhit me jari”
— Athar _ (@cricdrugs) July 1, 2017
Be cool Be cool!
On TL
B1:GST is such f****d up tax
B2:GST makes no sense at all. Nt needed
In DM
B1:Yeh GST kya hai bhai?
B2:Hashtag mila pel de bas _— Cherry Dimple (@shailimore) July 1, 2017
Same.
When someone tries to explain GST to me it sounds like….#gstrollout pic.twitter.com/P2y7npBT5v
— Phd in Bakchodi (@Atheist_Krishna) June 30, 2017
Priorities change you know
Right now:
If on one end @deepikapadukone offered to marry me.
On the other: my CA offered to properly explain GST to me.I’d marry my CA.
— Sorabh Pant (@hankypanty) June 29, 2017
If only we took those Account classes seriously
The amount of money they will make now I’m sure GST stands for – (G)ee i wish i had (S)tudied harder and become a chartered accountan(T)
— Atul Khatri (@one_by_two) June 15, 2017
Yep, he did. “Good and Simple Tax” it is.
Has anyone opened the betting pool on what full form Modiji is going to use for GST on July 1st?
— Rohan (@mojorojo) June 25, 2017
Happy GST day, everyone.
Read More: GST helpline: Here’s how you can get all the answers related to new tax regime
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