 "Will small traders lose their ardour for the BJP?")
Steadfast supporters of the Bharatiya Janata Party, Small traders have been bitten twice by its government in quick succession. In November, demonetisation sent them scurrying around to exchange their invalidated currency notes for new ones at a hefty discount.
Eight months later, small traders are agitated about the goods and services tax (GST). Apart from its complex mechanism to file returns, and several slabs of taxes, they are angry because GST has now criminalised economic offences.
Unlike in the past, anyone who is deemed to have evaded taxes between Rs 2 crore and Rs 5 crore will be held guilty
