GST Bill passed, but what does it mean?

Indian Parliament has passed the GST Bill in the Rajya Sabha on Wednesday. This is a dream-come-true for the Indian industry which is looking for growth. The common-man is also looking for respite from constrained by multiple taxes to a uniform tax. The Goods and Services Tax will ring in a single tax regime that will subsume various indirect taxes. Delhi based Senior Economic affairs Journalist Harshvardhan Tripathi explained to Jitarth Jai Bharadwaj what it actually mean to have GST.

Arun Jaitley Source: PIB