President approves GST bill.I have never observed till now any central bill being ratified by states in such a speedy way and sent for approval of by President. That just shows that when there is will there is way.
Almost all parties and almost all states agreed or compromised and passed the bill in respective forums- Parliament or state Assemblies. The irony is that GST bill is not a welfare measure to benefit poor people or vulnerable sections so that haste and speed can be justified. GST is going to help the government (may be) earn a little more revenue and many big corporate and multinationals going to get some concessions or reduced tax spending and more relief. The ordinary people, on the other hand will be suffering by paying more by way of enhanced tax rates on essentials till now taxed in lesser rates.
We already had a GD on GST in ISC forum. God and government only knows what shock we are going to get. Definitely some section(other than ordinary people) ar going to have their 'ache din' to start soon.