Wanna get our awesome news?
We will send you weekly news & updates. Isn't that cool?
Subscribe!

Actually we will not spam you and keep your personal data secure

Wanna get our awesome news?
We will send you emails only several times per week. Isn't that cool?
Subscribe!

Actually we will not spam you and keep your personal data secure

Fri, 15 Dec 2017

Northeast Today

GST will Contribute to the Development of Economy in Northeast: Jitendra Singh

GST will Contribute to the Development of Economy in Northeast: Jitendra Singh
June 16
12:57 2017

The President of Federation of Industry & Commerce of North Eastern Region (FINER), Pabitra Buragohain met the Union Minister of State Development of North-Eastern Region (DoNER) Dr Jitendra Singh in New Delhi on Thursday.

During the meeting, among the other important issues related to the growth of industry in India, the subject of GST rollout from July was also discussed in detail. Pabitra Buragohain expressed his views on the GST and on the tax provisions relating to North Eastern industrial products.

Dr Jitendra Singh said that GST will play an essential role in positioning India nation in the global economy and contribute to the strengthening of the economy. He said that this is important particularly for the North East region, which can take advantage of the uniformity in the tax regime throughout country. It will also help in curbing tax evasion, he added.

Buragohain assured the Minister that the industry will cooperate in the Government’s decision of rolling out GST in North East. Addressing some of the concerns raised by him, Dr Jitendra Singh said that there will be certain relaxations and adjustments in the beginning phase. He said that the connectivity issues in the North Eastern region are also being adequately addressed for the successful implementation of the GST in this region.

Dr Jitendra Singh said that the GST will surely contribute to the development and overall growth of the economy of the country including the remote areas like North Eastern Region by providing ‘One Nation, One Tax’ regime.

Share

Related Articles

0 Comments