India, famous for it’s incredible and out of the box thinking, has once again come under the same spotlight. Just a few days ago, on July 1, GST, the most awaited, revolutionary and uniform tax system was introduced in the country under the leadership of Prime Minister Narendra Modi and coincidently the day is also celebrated as CA(Chartered Accountancy) day as well.
As history repeats, this was the first time in 70 years that a special midnight session was held in the Parliament to officially roll out the tax reform.
When people of the country were awake to witness the history that was being made in the country; at the same time the couple was excitedly waiting for the night. As for them, it does mark the new beginning, not by the tax reform, but by the new life they were about to witness. The parents go through sleepless nights post the birth of a child, with the mind occupied to decide the name to be given to the baby, GST came out as a solution to the problem for this couple for obvious reasons.
The twins born in Bangad Hospital at 12.06 AM, didn’t know what was coming their way but their father did. The father of the twins, Jasraj Sen, was so excited by the GST proceedings on TV that he chose to name one of his twins GST.
What else can be the best way to celebrate the major tax reform in the country.
For those unaware, GST will replace the previous tax regime and will bring uniformity in the state in the tax.
By: Drishti Gupta