FreeCurrencyRates.com

इंडियन आवाज़     16 Dec 2017 01:09:53      انڈین آواز
Ad

Troubles in implementation of GST will be overcome shortly: Naidu

AMN

Information and Broadcasting Minister M. Venkaiah Naidu has said, any troubles in the implementation of Goods and Services Tax (GST) will be overcome shortly.

Addressing a conference on the new tax regime in Chennai this morning, Mr Naidu said, it is historic that the power to decide on taxes has been transferred from the Legislature to the GST Council that is represented by both the Centre and the states.

He said, if any issues are brought to the notice of the Council, they will be rectified. The Minister also said, GST has resulted in economic integration of the country. He dismissed the charge of hasty implementation of the regime saying that it took 17 years to come to its implementation. He hailed GST as another weapon to counter corruption.

Touching upon the suggestion to have a single GST rate system, Mr Naidu said, the time is not yet ripe for such a mechanism as there are economic disparities in the society that needs to be taken into account. He, however, expressed the hope that in future, the system would move towards that goal.

Mr Naidu was also felicitated at the meeting for his selection as the President of the UN-HABITAT, a United Nations body on housing.

Follow and like us:
20

Leave a Reply

You have to agree to the comment policy.

Ad
Ad
Ad
Ad

SPORTS

Commonwealth Secretary General Scotland calls on Rajyavardhan Rathore in New Delhi

Commonwealth Secretary General, Patricia Janet Scotland called on Minister of Youth Affairs and Sports, Colone ...

Roger Federer named BBC overseas sports personality of the year

Roger Federer has been voted BBC overseas sports personality of the year for a record fourth time. The hono ...

Ad

Archive

December 2017
M T W T F S S
« Nov    
 123
45678910
11121314151617
18192021222324
25262728293031

OPEN HOUSE

Mallya case: India gives fresh set of documents to UK

AMN India has given a fresh set of papers to the UK in the extradition case of businessman Vijay Mallya. Ex ...

@Powered By: Logicsart

Help us, spread the word about INDIAN AWAAZ

RSS99
Follow by Email20
Facebook210
Facebook
Google+
http://theindianawaaz.com/troubles-in-implementation-of-gst-will-be-overcome-shortly-naidu">
LINKEDIN