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GST is a transformational structural reform which will have multiple benefits: Kochhar

GST is a transformational structural reform which will have multiple benefits: Kochhar

| | 30 Jun 2017, 07:21 pm
New Delhi, June 30 (IBNS): Chanda Kochhar, MD and CEO, ICICI Bank on Friday said implementation of GST will have multiple benefits.

"The Goods & Services Tax is a transformational structural reform which will have multiple benefits – the creation of a national market; enhanced ease of doing business; greater productivity & efficiency; and improved tax compliance. All stakeholders are working together for a seamless transition to this new paradigm. This reform will result in benefits for all participants in the Indian economy, including both businesses & consumers," Chanda Kochhar said.

The biggest tax reform since Independence, Goods and Services Tax (GST) will roll out on July 1.
 

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