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Srinagar (Jammu and Kashmir), May 19 (ANI): Union Finance Minister Arun Jaitley on Friday said the implementation of Goods and Service Tax (GST) will not increase inflation and assured that the bill will be very consumer friendly. Jaitley said its implication in Jammu and Kashmir would save its people, especially the ones dependent on tourism, from paying the double tax as the products and services will get the input credit. The finance minister also said the state revenue would significantly rise after GST's implementation as it is a consumption tax and Jammu and Kashmir is a consuming state.

FM Arun Jaitley assures GST of being consumer friendly

ANI
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