Once GST rolled out, doing business in India would be easier: Arun Jaitley


A day after the pro-longed pending Goods and Services Tax (GST) bill passage passed in Rajya Sabha with 2/3 majority, On Thursday Finance Minister Arun Jaitley said that yesterday a very major step forward has been taken in direction of having a uniform tax in the country.

While addressing a press conference, Jaitley lamented that “The constitutional amendment was pending for a long time, predominantly because Rajya Sabha was not able to reach a consensus” and added that the most important thing is that it was passed with unanimity, except for the AIADMK who walked out.

We have been accommodative in our dialogue with various political parties but without compromising on fundamentals, Jaitley said.

He added that we rarely saw a situation where there was a sense of public anxiety over the delay of a Bill.

However, giving assurance on bill, Jaitley said that I am sure once GST is rolled out, doing business in India would be easier an this would help a large body of traders, business people.

While talking on Government of States, Jaitley said that Role of State governments extremely positive, more and more state government felt that this would help their revenue and even the manufacturing states were of opinion that this would help in plugging the leakages, would expand taxation base.

Wefornews Bureau

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