GST Rollout in India: Who said what on India’s new tax reform?

GST Roll Out in India: GST is not just 'ease of doing business' but 'way of doing business'. It is an important step in economic reform. Ahead of that it is also a social reform towards honesty.

Posted By : Ankit Pal
GST Roll Out in India: Who said what on India’s new tax reform?
GST Roll Out in India: Who said what on India’s new tax reform?
New Delhi:

GST Roll Out in India: A wave of joy swept the central Hall of Parliament as President Pranab Mukherjee and Prime Minister Narendra Modi pressed a button at the midnight function to roll out Goods and Services Tax (GST). Here is a look at who said what post GST rolls out:

Prime Minister Narendra Modi statements on GST:

  • GST stands for "good and simple tax"
  • GST is an example of team work and cooperative federalism.
  • GST is not just 'ease of doing business' but 'way of doing business'. It is an important step in economic reform. Ahead of that it is also a social reform towards honesty.
  • GST brings uniformity in the economic system.
  • GST will bring freedom from tax terrorism.
  • GST will chart new course for nation.

President Pranab Mukherjee on GST:

  • GST a tribute to maturity, wisdom of India's democracy.
  • GST is a disruptive change. It is similar to the introduction of VAT when there was initial resistance.

Finance Minister Arun Jaitley on GST: 

  • Under GST, the revenues will go up as the compliance goes up and the GDP will also increase.
  • GST will open India to new limitless possibilities

Petroleum Minister Dharmendra Pradhan GST:

  • It is a historic day. The enactment was passed unanimously. The GST is supported by everybody.

Biju Janata Dal MP Bhartruhari Mahtab:

  • GST is going to revolutionise the whole system.

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