New Simplified GST System From April 2020: FM’s Promise in Budget

Presenting Budget 2020 in the Parliament, Sitharaman said that the GST “integrated the country economically”.

Updated
Business
1 min read
Presenting Budget 2020 in Parliament, Sitharaman said that the GST was a historic structural reform that “integrated the country economically”.
i

Finance Minister Nirmala Sitharaman on Saturday, 1 February, reiterated her government’s promise to simplify and rationalise the goods and services tax (GST) structure from April 2020 for the benefit of traders across the country.

Presenting Budget 2020 in Parliament, Sitharaman said that the GST was a historic structural reform that “integrated the country economically”.

She added that since the GST was rolled out on 1 July 2017, an average household saves four percent in its monthly expense.

New Simplified GST System From April 2020: FM’s Promise in Budget
(Photo: The Quint)

Liked this story? We'll send you more. Subscribe to The Quint's newsletter and get selected stories delivered to your inbox every day. Click to get started.

The Quint is available on Telegram & WhatsApp too, click to join.

Published: 
Stay Updated

Subscribe To Our Daily Newsletter And Get News Delivered Straight To Your Inbox.

Join over 120,000 subscribers!