GST Will Change India’s Economy : VP

The Goods and Services Tax (GST) is going to change India’s economy though initially it might have caused some pain, Vice-President M Venkaiah Naidu today said.

Speaking on the concluding day of the 11th Global Doctors’ Summit here, Mr Naidu said the improvement in India’s tax system with the introduction of GST will ultimately benefit its people.

“As the World Bank report suggests, GST is going to be transformational, revolutionary tax system to change India’s economy. Any improvement in system ultimately helps people,” Mr Naidu said.

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