For most restaurants and retail shops in the city, it was business as usual after the Goods and Services Tax (GST) kicked in on Saturday. However, most of the restaurateurs and traders felt that the impact of the new tax regime would be felt at the end of the month. Most restaurants, however, did not see any impact on their business on the first day. App-based cabs likely to charge lessRides in cool and app-based cabs could be cheaper under the GST regime. On Saturday, Ola sent a text message to its regular users, saying, “The government has introduced GST, a forward-looking tax reform from July 1 onwards.

Source: Indian Express July 01, 2017 20:03 UTC