April 27, 2024 01:45 (IST)
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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)
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