GST to benefit consumers, traders in long-term: Venkaiah

Goods and Services Tax – GST – Dated:- 26-6-2017 – Hyderabad, Jun 26 (PTI) Ahead of the roll-out of Goods and Services Tax (GST), Union minister M Venkaiah Naidu today said there may be some initial hiccups , but the new tax regime will help consumers and traders in the long-term. The GST, nation's biggest tax reform since independence, is set to be implemented from July 1. The midnight of June 30 will usher in a historic economic transformation the biggest reform in indirect taxes since independence with the rolling out of the GST regime, the Union Information and Broadcasting minister said here. With Prime Minister Narendra Modi coining the mantra of reform, perform and transform , GST is the biggest transformation of the taxation sy

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