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GST rollout lowers overall tax burden: Niti VC designate

Press Trust of India  |  New Delhi 

Niti Aayog Vice-Chairman designate today said the implementation of has brought down overall burden on the economy.

Kumar will replace incumbent Panagariya who is leaving the think tank on August 31.

"Overall burden on the economy has come down after the implementation of the Goods and Services (GST)," he said at an event organised by 'PAHLE FOUNDATION'.

The nationwide was rolled out on July 1, overhauling India's convoluted indirect taxation system and unifying the USD 2 trillion economy with 1.3 billion people into a single market.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, August 08 2017. 18:42 IST