GST is a ‘Good and Simple Tax’ That Will End Small Biz Harassment: PM Modi
Prime Minister Narendra Modi has billed GST as a 'good and simple tax' that will end harassment of traders and small businesses while integrating India into one market with one tax rate.
At an event to launch the Goods and Services Tax (GST) at the historic Central Hall of Parliament, Modi said the indirect tax reform is a result of combined efforts of various political parties at different points of time.
GST, he said, is an example of cooperative federalism as the centre and states together thrashed out the new law with consensus.
Besides being a transparent and fair system that will end generation of black money and corruption, GST will promote new governance culture that will end harassment at the hand of tax officials.
Touching upon initial teething troubles that may be wi...