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
19:09 (IST)
GST council has shown that it will work on basis of consensus: Arvind Subramanian

- The GST council has shown that it will work on basis of consensus. It is a democratic process.

- The quality and spirit of decision making has been remarkable

- States can still generate revenue from indirect taxes. They retain sovereignty.


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