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00:00Welcome to ETNOW. I just saw you coming out of a store and you have made a rash of purchases.
00:07And this is happening on the day the GST rates have reduced 5% and 18%.
00:12I mean for a common consumer that's all they need to pay compared to 28% and above earlier.
00:19So do you come to this mall often and typically what are the things you buy from Inorbit in Malad?
00:26I come to this mall very very often. In fact I call myself the mall walker.
00:32Thrice a week I get into a mall because the roads in Bombay are so pathetic.
00:37After being the richest municipal corporation in the world, the BMC has given us absolutely pathetic roads.
00:44So thrice a week, Monday, Wednesday, Fridays, I try to get into a mall. Inorbit is one of them.
00:50It's closer to my house. I'm in 7 Bangalows, Juhu.
00:53Or I go to Infiniti 2, I drive down to Oberoi Mall and I keep walking.
00:59I walk till I count my 10,000 steps or so.
01:04And today I came in and I really, most of the time, I don't really buy.
01:10But if there are things in good deals, I pick up.
01:12Or if I need something and I really don't really need much.
01:16But today I realized I had to pick up a gift for somebody and then I like something.
01:21And then they showed me in Veromoda there was something on sale.
01:25So I did pick up something.
01:27But I really can't say whether, it's good that the GST has been reduced.
01:31But I can't say whether it's really affected me today.
01:35Because I think I really can't say about that.
01:39But what I really have to say is that taxes should come down.
01:43GST coming down is one thing.
01:45In fact, we shouldn't be paying GST because it's like double taxation.
01:49So GST should be zero and taxes also should be reduced
01:54because we don't get the facilities for the taxes we pay.
01:57Very well thought out idea.
02:03But you came out of the stores.
02:06Didn't you find any difference in terms of the billing?
02:09Usually, typically, you know, when we buy things, that's fine.
02:14That's totally fine.
02:14But do you find that typically, you know, what you pay, you paid slightly lower today.
02:21There's a difference.
02:22Maybe.
02:22I did.
02:23Maybe I did pay slightly lower.
02:26Maybe.
02:26Yes, you're right.
02:27But that is really, I think we shouldn't be paying that also.
02:30As I said, it's double taxation for us.
02:32We shouldn't be paying GST.
02:34We are paying taxes.
02:35We are, you know, TDS, everything.
02:38So why are we going to pay GST?
02:40And the, you know, the business houses are also paying taxes.
02:45So it's like double taxing from both sides.
02:48But, yes, I did see a lot of youngsters.
02:51And I don't know whether they were aware that the GST is on.
02:54But, yes.
02:55But now it's a bit too early.
02:58It's only 11 o'clock.
02:59This is the time I like to come out because I find the shops quite empty and nice to walk around.
03:04And there are plenty of things, items on our wish list, you know, we want to buy.
03:13And many of us have, you know, held back plans, you know, like air conditioners.
03:18It can be a refrigerator.
03:20It can be a television.
03:21It can even be a car.
03:23So are there things on your wish list and, you know, which you two, you know, think, you know, it will be cheaper for you, it will be more affordable for you.
03:33Now is the time to, you know, go and attack and, you know, buy.
03:35Good, you reminded me because I think I need a new AC for my bedroom.
03:40And with the GST down, that will probably help me.
03:43But not really.
03:45I mean, if you have to pick up something, we do pick up.
03:48You know, we really don't look at the GST.
03:51So, but the GST coming down is a small step, I hope.
03:57Things come down further and it's not just an election ploy or something.
04:01I really hope because I think the Indian taxpayer, especially the Indian middle class, is just going crazy paying taxes, you know.
04:11So that I think for the larger good and we are a country of a huge middle class population.
04:16For the greater good, I think we should have our taxes down.
04:19Right.
04:21Lower GST rates, you think that would impact your future consumption journey?
04:27You think that you would buy more stuff, you know, which, you know, which sometimes are hesitant and do hold back.
04:35But you think that gives you more freedom to, you know, go out and buy more?
04:40See, personally, if you ask me, I would buy it with the GST or without the GST if I need.
04:45I just don't go and pick up stuff for the heck of it.
04:49But now that the GST rate is down, maybe, as you said, you know, maybe, but I only buy when I need to buy.
04:59I don't, I don't just keep buying stuff.
05:01I don't believe it.
05:02I don't believe it.
05:02I don't believe it.
05:03I don't like that.
05:03So I think that's something that I do not leader.
05:04I don't believe it.
05:04I don't believe it absolutely Haema.
05:05I don't believe it.
05:06I don't believe it.
05:06I don't believe it.
05:07But it is, you know, because there's still more positive makeup of everything that is.
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