 "What is GST? 10 key features of Independent India's biggest tax reform")
The Goods & Services tax (GST), India's biggest tax reform since Independence would give a huge impetus to ‘Make in India’ initiative and boost exports, a top government official said here on Saturday.
“GST will benefit local manufacturing and exports. It will give a huge impetus to ‘Make in India’. There used to be a lot of taxes on the final product but, after GST, there will be one tax”, said Amitabh Kant, chief executive officer of Niti Aayog, the government think tank.
He allayed concerns that GST will fuel inflation. “I think inflation may come down even further so
