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Economic Affairs Officials Assured of GST Timely Implementation

economic-affairs

Confirmations have started coming out of the box for the newly incorporated taxation regime i.e. GST as the top financial ministry officials are talking with confident tones about the implementation of Goods and Services Tax.

Shaktikanta Das, Economic Affairs Secretary stated a firm statement at Assocham organized national conference on Insolvency and Bankruptcy Code 2016 that, “GST will happen. Insolvency has happened. Both together will bring dynamism and has the potential to transform the way Indian economy functions.”

He was seen very positive about the new taxation regime and added some words for the same like, “State Governments are equally committed to introducing GST from April 1 next year.” He also affirmed that the tax rate issue will be soon resolved most probably in the month of November.

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Published by Subodh Kumawat
Subodh has done with numerous professional degrees ranging from Human Rights to Banking along with MBA in HR Marketing. He is also interested in the field of tax-related articles and blog as per the industry based norms. Having expert knowledge in diverse sectors, he assures facts and figures along with testimony, in his articles. Working in SAG Infotech, he is a trusted author among the readers globally. View more posts
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