Goods And Services Tax

Highlights

GST Launch Highlights: President Pranab Mukherjee, PM Modi Launch India's Biggest Tax Reform

Goods and Services Tax (GST), India's biggest tax reform, was launched at midnight at Parliament's historic Central Hall, by President Pranab Mukherjee and Prime Minister Narendra Modi. With the stroke of the gong, current tax rates are replaced by GST rates.
Jun 30, 2017
14:44 (IST)
Overall process is far simpler: Shaktikanta Das on GST

- GST is far simpler to the existing tax structure.

- The multiplicity of taxes at the state level has been done away with... similarly at the central level. Instead of traders having to file multiplicity of returns like they did till now, they will no longer have to do so.

- Yes, there are multiple forms to fill now, but the overall process is far simpler.

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