Published in:
Firstpost
Pubished on:
8 Aug 2016
New Delhi: Implementation of the Goods and Services Tax (GST) will reduce tax evasion and improve ease of doing business by engendering a common market throughout the country, Finance Minister Arun Jaitley said today as he moved the modified constitution amendment bill in the Lok Sabha.
"GST will ensure one tax in the entire country. It will result in seamless transfer of goods and services in the country...This is a major indirect tax reform which will in long run will be in interest of the country," he said, adding Centre has addressed concerns of all the states.