July 12, 2026 10:39 pm (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
'Land will not be an issue': Bengal CM announces single-window system for investments above ₹100 crore
Sat, Jul 11 2026
Renault partners with IIT Kanpur to advance next-generation vehicle engineering in India
Fri, Jul 10 2026
Blue Jet Healthcare shares soar 8% after Rs 800 crore fundraise
Fri, Jul 10 2026
Dixon Technologies shares jump after Centre clears big Vivo JV
Fri, Jul 10 2026
SBI's Rs 1,655 crore move ahead of mega IPO—Here's what's happening
Fri, Jul 10 2026
TCS shares jump over 4%! Investors cheer strong FY27 start
Fri, Jul 10 2026
