Himachal Pradesh Chief Minister Virbhadra Singh on Thursday said it was the previous Congress-led United Progressive Alliance (UPA) government that conceived the Goods and Services Tax (GST) Bill.
"The Congress was in favour of the bill (that was passed unanimously by the Rajya Sabha on Wednesday)," the Chief Minister told reporters here.
"In fact, the UPA government had brought this bill," he said.
Himachal Pradesh Principal Secretary Finance Shrikant Baldi said the state would definitely be benefitted with the GST.
"Since we are the consumer state, we would get benefit from the bill," he added.
Bharatiya Janata Party (BJP) MP Anurag Thakur, who is from Himachal Pradesh, said the GST would bear a positive impact on the emerging environment of Indian economy.
"The GST will help curtailing tax evasion and reducing the cascading effect of taxes," he said in a statement.
--IANS
vg/pgh/dg
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
