First the relaxation in income tax slabs rates.
Now GST slabs fixed at 5% & 18% with removal of 12% & 28% slab rate.
People don’t realise the surplus money Indians will spend in consumption.
That too in low interest rate cycle.
Tsunami of money is going to be hit.
Those who ride this tsunami will go home with truck loads of money.
Lowering of taxes rates is a decadle event.
People are just not bullish enough and are not prepared for what’s about to come!
