Prime Minister Narendra Modi today downplayed all the apprehensions with regard to the indirect tax regime, GST that was introduced in the country two months back.
Prime Minister Narendra Modi today downplayed all the apprehensions with regard to the indirect tax regime, GST that was introduced in the country two months back. While addressing the anxiety that revolved around Goods and Services Tax, PM Modi said that all the apprehensions with regard to the indirect tax regime have been proven to be unfounded and a smooth transition has happened, as reported by PTI. The Prime Minister today addressed the issue while he was chairing his 21st meeting of Pro-Active Governance and Timely Implementation (PRAGATI), which is a monthly interaction with top officials of states through a video conference. The historic tax regime was rolled out at the stroke of midnight on June 30.
A statement released by the Prime Minister’s Office (PMO) said that the PM asked chief secretaries of all states to further boost efforts to increase registration under GST (Goods and Services Tax) and to achieve a quantum jump in this regard within a month. The release further stated that in the meeting that was held today, PM reviewed the progress of nine vital infrastructure projects worth over Rs 56,000 crore in the railway, road, power and oil pipeline and health sectors. These projects are spread over several states including Uttar Pradesh, Madhya Pradesh, Gujarat, Haryana, Rajasthan, Maharashtra, Uttarakhand, Punjab, West Bengal, Karnataka, Tamil Nadu, Andhra Pradesh, Bihar, Odisha, Telangana, and Kerala reported PTI.
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Up until now, the last 20 meetings of PRAGATI have seen a cumulative review of 183 projects with a total investment of Rs 8.79 lakh crore. At the 21st meeting, PM reviewed the progress towards handling and resolution of grievances related to patents and trademarks along with which he noted the improvement in performance and asked the officers concerned to work towards further expediting the processing of patent and trademark applications, according to the PMO’s statement. Further, the officials present at the meeting explained the steps taken towards speeding up the grant of patents and trademarks, including enhanced manpower.