GST has brought the country under the One Indirect Tax regime, making the entire country a unified market: CM
CM said that the GST has brought the country under the One Indirect Tax regime, making the entire country a unified market.
Chief minister was speaking at the release of the SAMVAD Magazine Vol 1 during the Evolution and Way Forward program organized by Goa Chamber of Commerce & Industries – GCCI, and Dempo College of Commerce & Economics on the momentous occasion of completion of 7 Years of GST in the presence of the President of GCCI Shri Shrinivas Dempo, Central GST Commissioner Shri Bipin Kumar Upadhyay and other dignitaries.
He further said that GST has increased the pace of formalization of the economy and has incorporated ease of doing business beneficial for all companies and enterprises.
CM additionally stated that the Govt of Goa is extending all the necessary support to businesses to thrive and hence has not increased any taxes in the last budget and he informed that this pro-business decision has ensured that Goa continues to witness a consistent rise in Tax revenues.
CM also reaffirmed that the Goa Government shall continue to strive toward creating a more efficient and business-friendly tax environment that benefits all the sectors in Goa equally. He thanked and congratulated all the stakeholders for their contribution to the smooth operation of the GST and the development of our state.
