The Union Finance Minister, Shri Arun Jaitley: Goods and Services Tax (GST) is an efficient tax system which not only checks tax evasion but also helps evolving India to become very strong society

The Union Finance Minister, Shri Arun Jaitley: Goods and Services Tax (GST) is an efficient tax system which not only checks tax evasion but also helps evolving India to become very strong society https://www.taxtmi.com/news?id=18094 The Goods and Services Tax (GST) consolidates multiple indirect taxes into a single regime effective July 1, 2017, aimed at reducing tax evasion and strengthening the economy. The GST is framed as a federal tax to be jointly administered, necessitating coordination between central and subnational tax authorities. A national tax training academy in Bengaluru has been established to train government and PSU officers to support implementation, administration, and enforcement under the new GST framework. en-us Mon, 29 May 2017 16:51:16 +0530 Wed, 11 Feb 2026 15:57:01 +0530 TaxTMI RSS Generator The Union Finance Minister, Shri Arun Jaitley: Goods and Services Tax (GST) is an efficient tax system which not only checks tax evasion but also helps evolving India to become very strong society https://www.taxtmi.com/news?id=18094 The Goods and Services Tax (GST) consolidates multiple indirect taxes into a single regime effective July 1, 2017, aimed at reducing tax evasion and strengthening the economy. The GST is framed as a federal tax to be jointly administered, necessitating coordination between central and subnational tax authorities. A national tax training academy in Bengaluru has been established to train government and PSU officers to support implementation, administration, and enforcement under the new GST framework. News - Mon, 29 May 2017 16:51:16 +0530 https://www.taxtmi.com/news?id=18094