GST milestone in India’s economic landscape: PM Narendra Modi

Prime Minister Narendra Modi said on Wednesday that the GST has been a milestone in the economic landscape of India as it has decreased the number of taxes, compliance burden overall tax weight on the common man.

With the Goods Services Tax (GST) regime completing four years, Modi added that it has also significantly increased transparency, compliance overall collection.

A nationwide GST, which subsumed 17 local levies like excise duty, service tax VAT, was rolled out on July 1, 2017.

(Only the headline picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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