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Fundamentals of the Indian economy is strong: Jaitley

| | Oct 24, 2017, at 10:39 pm
Mumbai, Oct 24 (IBNS): Union Finance Minister Arun Jaitley on Tuesday said the fundamentals of the Indian economy is strong.

"In government's view, the fundamentals of the national economy continue to be strong," Jaitley said while addressing press conference here which was attended by top officials of the ministry.

"India has remained world's fastest growing large economy for the last three years," he said.

Meanwhile, the Central government has waived off penalty on delayed filing of initial Goods and Services Tax (GST) returns for months of August and September.

In a tweet on Tuesday, Union Finance Minister Arun Jaitley said, "To facilitate taxpayers, late fee on filing of GSTR-3B for Aug&Sept has been waived. Late fee paid will be credited back to taxpayer ledger."

The government had earlier waived the late fee for delayed filing for the month of July, media reported.

 

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