Goods And Services Tax

Global Economic Slowdown Impacting India, Says Arun Jaitley

On completion of the NDA government's three years in office, Finance Minister Arun Jaitley addressed a press conference in the national capital. Claiming to have "restored the credibility of the economy", the Finance Minister said, "We have shown decisiveness, even the ability to take difficult decisions." He said the government has taken key initiatives to reduce scope of corruption and discretion. Ahead of July rollout of the national tax GST, Mr Jaitley said it will usher in a revolution in taxation administration.

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