Price burden on small businesses and informal workers
“Even insurance premium is not spared from high taxation. Normal activities in many of these sectors have been affected and/ or collapsed, leading to massive job losses,” the Centre of Indian Trade Unions (CITU) said in a resolution adopted by it at its central meeting held in Shimla.
The union reiterated that GST has adverse impact on the unorganized sector workers and those engaged in small and decentralised manufacturing such as tailoring, garments, textile, beedi, small drug manufacturing, construction, matches & fireworks and passenger & goods transport.