https://www.taxtmi.com/news?id=18239 The Union Cabinet formally thanked State Chief Ministers, State Finance Ministers, the GST Council, political parties, legislators and stakeholders for cooperation in introducing the Goods and Services Tax, describing GST as a major indirect tax reform that removes multiple taxes, multiple rates, multiplicity of compliances and cascading taxation to simplify the indirect tax system, reduce consumer tax burden, and exemplify fiscal federalism achieved through Central-State cooperation. en-us Thu, 22 Jun 2017 18:02:55 +0530 Thu, 22 Jun 2017 18:02:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18239 The Union Cabinet formally thanked State Chief Ministers, State Finance Ministers, the GST Council, political parties, legislators and stakeholders for cooperation in introducing the Goods and Services Tax, describing GST as a major indirect tax reform that removes multiple taxes, multiple rates, multiplicity of compliances and cascading taxation to simplify the indirect tax system, reduce consumer tax burden, and exemplify fiscal federalism achieved through Central-State cooperation. News - Thu, 22 Jun 2017 18:02:55 +0530 https://www.taxtmi.com/news?id=18239