India: The GST effect

Asia/India/Julio del 2017/Noticias/http://www.thehindu.com/

At the college and university level, the services offered will now be taxed at 18%, three per cent more than what was charged earlier.

So, increased taxes will take a toll on students who do not come from a financially strong background.

Not only will the tuition fee be indirectly affected, the overall cost of education will increase as students will have to pay more for stationary, books and other necessities, whose prices will increase due to increment of taxes on raw material.

Amit Patel, B.Tech., VIT University

The overall cost of education after GST is set to increase. This is certainly not a good thing in a country where the youth are not only trying to help their families, but are also aiming at taking the nation forward.

I read in a report that almost 50% of the country’s billion population is below 25 years of age. This is why it is essential for the government to revisit some of the policies to support the needs of the youngsters.

Akriti Juneja, Delhi University graduate

The GST council’s decision to exempt education and healthcare sectors from the unified tax regime is commendable. But this does not approximate the entire picture behind it. Students have been inevitably become the victims as services such as housekeeping, transportation and catering provided to higher educational institutions are taxable. This will increase the overall cost students will incur during the course of their studies.

Fuente:

http://www.thehindu.com/education/the-gst-effect/article19239825.ece

Fuente imagen:

https://lh3.googleusercontent.com/d2iYgBJPAgIwPJm7S3QEob0b_e6_iyc-T8wVqoVhQzexl3qK19TQ5U0BExj6_tXxgqCuUto=s85