Sat, Jul 01, 2017, 06:49 AM
During the launch of GST in the Parliament, Prime Minister Narendra Modi said that Goods and Services Tax (GST) is not a tax reform but a social reform which will benefit the poor. He termed GST as Good and Simple Tax and GST will be implemented from Saturday. He further said GST is a transparent taxation system which has replaced 500 different taxes levied across the country. Modi stated that the GST would end the tax terrorism and corruption. The PM asserted that the GST will help integrate India’s economy.