Inflation will not increase once GST is implemented: Arun Jaitley

Inflation will not increase once GST is implemented: Arun Jaitley

Once Goods and Services Tax (GST) Bill is implemented, inflation in India's economy will not increase, Finance Minister Arun Jaitley said during his recent one-on-one interview with Zee Business channel.

The much-awaited GST Bill was passed in the Rajya Sabha (Upper House) on August 3 this year. 

Speaking on how the GST Bill was passed, Jaitley during the interview said that it was pressure from commonman's opinion, second it was neccessary for the country's financial status and third there were concerns which Congress had raised regarding GST out of which few of them have been accommodated and all other political parties were ready to pass the bill. All these factors impacted to pass the bill, he added.

Watch the full one-on-one Finance Minister Arun Jaitley's interview here-

Written By: ZeeBiz WebTeam
Updated: Sun, Aug 07, 2016
11:57 AM IST
Mumbai , ZeeBiz WebDesk
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