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Post GST Launch, PM Highlights Role of CA in Tackling Black Money

President Pranab Mukherjee rolls out the GST at a special Parliamentary session at midnight.

Updated
India
12 min read
Post GST Launch, PM Highlights Role of CA in Tackling Black Money
i
Snapshot
  • PM Modi hailed the role of CAs in his speech at the Indira Gandhi stadium
  • President Pranab Mukherjee rolls out GST at special midnight session of Parliament
  • President Mukherjee said GST is tribute to mature Indian politics
  • PM Modi said GST is a result of “collective effort” of government and political parties
  • GST Council reduces rate on fertilisers from 12 percent to 5 percent
  • Congress calls the midnight launch a “tamasha”
  • Congress, TMC boycott the midnight GST session
8:13 PM , 01 Jul

PM Modi Addresses CAs at the Indira Gandhi Stadium

Prime Minister Narendra Modi, in his address to chartered accountants at the Indira Gandhi Stadium in Delhi stressed upon the fact that the newly launched Goods and Services Tax would help remove black money from the country.

Speaking on the occasion of the Institute of Chartered Accountants of India’s (ICAI) founder’s day, Modi praised CAs and their role in maintaining transparency within the financial system by keeping a check on people’s income through the process of audit.

The PM also said that the “nation's growth is dependent on a clean tax regime. GST and demonetisation are key steps in that direction.” Watch Modi’s full speech here:

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2:39 AM , 01 Jul

What the Entire GST Launch Looked Like

2:02 AM , 01 Jul

Amit Shah Extends Congratulations

BJP President Amit Shah congratulated Narendra Modi, Arun Jaitley and all state governmentes following the GST rollout.

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12:58 AM , 01 Jul

Reactions Pour in

Seconds after the GST was rolled out, congratulatory messages poured out on Twitter. Some were not apprehensive about the new taxation system some, a few others welcomed the new regime.


Published: 30 Jun 2017, 10:59 AM IST
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