 "Revenue won’t dip due to GST, assures Tamil Nadu FM Jayakumar")
The state of Tamil Nadu said on Saturday that its revenue post the implementation of GST will either be neutral or may increase, but won’t see a dip. The state had earlier objected to GST saying that it may lead to a fall in revenue.
Tamil Nadu Finance Minister D Jayakumar told reporters that manufacturing will increase and inflation will be controlled due to GST.
He added that the middle-class and people living below the poverty line will be safeguarded and it will also help small and medium enterprises.
“There is absolutely no need to be afraid.
Tamil Nadu Finance Minister D Jayakumar told reporters that manufacturing will increase and inflation will be controlled due to GST.
He added that the middle-class and people living below the poverty line will be safeguarded and it will also help small and medium enterprises.
“There is absolutely no need to be afraid.
