Terming new indirect tax as a major reform to make India’s economy better, Union Minister of Minority Affairs Mukhtar Abbas Naqvi said that the Goods and Services Tax (GST) will remain as a Good and Simple Tax in the coming days to come and will prove to be as a better medium for small traders and businessmen.
Naqvi also said that the GST is meant to provide ease of doing business and it is a very big reform of the single window taxation system. He further said that when a country introduces such major reforms, then it is natural to face minor challenges and obstacles. On the probability of diesel, petrol and real estate coming within the ambit of the GST, he said that as and when the suggestions come, the GST Council takes them into consideration.
Union Minister of Minority Affairs said that based on the suggestions and improvements regarding such a major reform, the GST Council is conducting meetings time and again. He added that the resolution of these obstacles is the priority of the government and the GST council and the Finance Minister has himself made improvements in that regard.