GST: JP accuses Congress of not being supportive on the issue of tax reform

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12:55 AM

GST will also make our exports more competitive and also provide a level playing field to domestic industry to compete with imports. Currently due to cascading, our exports still carry some embedded taxes, making them less competitive: Pranab Mukherjee

12:53 AM

Success of such major changes always depends on their effective implementation. In the months to come, based on the experience of actual implementation, the GST Council and the Central and state governments should continuously review the design and make improvements, in the same constructive spirit as has been displayed till now: Pranab Mukherjee

12:47 AM

In his speech, FM Jaitley recalled the initiatives taken by his predecessors, including President Pranab Mukherjee's when he was the Finance Minister 

12:46 AM

FM Jaitley appreciated the efforts of all MPs, state finance ministers and officials in making GST a reality when many had expressed doubts over its implemention from July 1

12:44 AM

With GST, India has showed that these forces can be overcome through display of inclusion, openness and boldness: GST

12:43 AM

We have done this at a time when world is facing a slow growth, isolationism and lack of structural reforms: Jaitley

12:43 AM

In a large and complex federal system of multi-party democracy with Centre and 29 states and 2 UTs, India has implemented a constitutional amendment and brought in a large tax reform: Jaitley 

12:43 AM

While enacting the GST, neither the states nor Centre gave up their sovereignty. They have pooled their sovereignty to make joint decisions in indirect taxation: Jaitley

12:43 AM

The Constitution says India is a union of states. The union is strong if both Centre and states are strong: Jaitley

 

12:43 AM

Not only will India write a new destiny, the new tax regime would also strengthen federalism: Jaitley

 

12:42 AM

It will be in India where Centre and states work together towards the common goal of shared prosperity: Jaitley

 

12:42 AM

The old India was economically fragmented. New India will create one tax, one market, one nation: Jaitley

 

12:38 AM

Will see in coming days tax compliance, tax collection will improve, common man's problem in paying tax will be gone completely: Railway Minister Suresh Prabhu

12:37 AM

Everything has been taken care of. GST council will come together again whenever it will be required: Santosh Gangwar, MoS Finance

12:36 AM

President Pranab Mukherjee said GST a disruptive change and tribute to India's democracy