August 17, 2026 03:48 am (IST)
GST to give a fillip to country’s economy: Assam CM
Guwahati, June 30 (IBNS) : Assam Chief Minister Sarbananda Sonowal said the Goods and Services Tax being rolled out at 12.01 am tonight would bring about a paradigm shift in the entire indirect tax system by replacing most of the indirect taxes of Centre and States with a single point single tax which would benefit the consumers of the country as well as Assam.
In a statement, Chief Minister Sonowal said that with the introduction of GST, the countrymen would be relieved of the multiple tax terrorism which had been haunting the people of the country since independence.
“As promised by the Centre the zero tax on food items would also greatly benefit the people. The new GST would also simplify the taxation system besides delving a fillip to the economy of the nation,” Sonowal said.
Sonowal also thanked the Prime Minister Narendra Modi, Union Finance Minister Arun Jaitley along with the Finance Ministers of all the States of Indian federation for making the GST a reality.
(Reporting by Hemanta Kumar Nath,Image: Sarbananda Sonowal)
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Mahindra launches BLAZO i-TRK: All details inside
Sun, Aug 16 2026
Reliance Industries, Rolls-Royce join hands to explore indigenous engine for India’s AMCA fighter
Sat, Aug 15 2026
BSNL’s Independence Day gift: Re 1 Recharge, 412-Day Plan and 500 Free TV Channels. Check now
Sat, Aug 15 2026
Emami’s big snack bet: ₹750 crore investment, new WeMe brand targets ₹1,000 crore in 3-5 years
Sat, Aug 15 2026
HCG Q1 results: Cancer care major posts 190% jump in adjusted profit, revenue rises 13%
Fri, Aug 14 2026
Big relief for Zee Entertainment: SAT allows warrants issue, dividend access despite SEBI ban
Fri, Aug 14 2026
Olectra Greentech Q1 shocker: Revenue soars 66%, profit barely moves; shares crash 4%
Fri, Aug 14 2026
Red Friday on Dalal Street: Sensex plunges 300 points, Nifty slides amid geopolitical tensions
Fri, Aug 14 2026
Tata Motors shares jump 6% after Q1 profit soars 83% to ₹2,560 crore
Thu, Aug 13 2026
