1. PM Narendra Modi on GST reforms: Don’t want business class to get caught in red-tape

PM Narendra Modi on GST reforms: Don’t want business class to get caught in red-tape

The Prime Minister said the changes in the GST will give help small and medium businesses.

By: | Dwarka | Published: October 7, 2017 4:53 PM
“You all must be busy preparing for Diwali, and in Gujarat, Diwali is celebrated with great enthusiasm, especially among businessmen,” Modi said while addressing a public gathering here. (ANI)

Prime Minister Narendra Modi today expressed happiness that the changes made by the GST Council was welcomed all over the country. The Prime Minister said the changes in the GST will give help small and medium businesses. “You all must be busy preparing for Diwali, and in Gujarat, Diwali is celebrated with great enthusiasm, especially among businessmen,” Modi said while addressing a public gathering here.

He said that his government does not want the country’s business class to get caught in red-tape. Noting that “some very important decisions” related to the Goods and Services Tax (GST) have been taken, Modi said the government had earlier stated that it will study the GST for three months following its implementation and then fix the problems. “(We had said)…Wherever there are problems in these three months, as in the areas of management, shortage of technology, problems related to rules, complaints regarding rates, trouble in practical experience of business class, we will address it,” he said. “We do not want the country’s business class to get caught in red tapism, files, bureaucracy, I will never want this,” Modi said.

The prime minister said that, based on the information the government had, Finance Minister Arun Jaitley convinced everyone at the GST Council meet yesterday. “I am happy that it has been welcomed in one voice across the country,” Modi said. When there is trust in the government and honesty is seen behind decisions, then the country joins in despite difficulties, the prime minister said. “I can experience this and I am thankful to the people of the country for the way they have welcomed our effort to make simple tax simpler,” Modi said. Three months after the roll-out of the new indirect tax regime, the GST Council yesterday made sweeping changes to give relief to small and medium businesses on filing and payment of taxes, eased rules for exporters and cut tax rates on more than two dozen items.

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