Union Minister Arjun Ram Meghwal
on Monday said the GST
is like a new “daughter-in-law” who takes time to adjust to the family and the government has brought this new law for the country’s growth.
He also said the real estate industry should communicate to the government if they are facing any issues related to the GST.
“We bring daughter-in law so that family grows and grows in right direction. Similarly, GST
is a new bride for the country. We have brought this law so that country grow in a right direction,” Meghwal said addressing a realty conference organised by NAREDCO.
He was responding to SBI’s Managing Director (National Banking Group) Rajnish Kumar’s comment that there was “not much clarity” about GST.
Meghwal said the GST
will subsume 17 indirect taxes and many cess, and this will lead to increase in tax net and collection.