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
18:03 (IST)
GST will increase growth as number of taxes: Nitin Gadkari
GST will increase growth as number of taxes and cesses will reduce and number 2 (illegal) transactions will end.

Digital currency is now the (preferred) currency, so, every transaction is recorded and they (companies, restaurants) now have to pay the tax.

Revenue will increase and we can use the money for the people and economy.

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