GST is a transformational structural reform which will have multiple benefits: Kochhar
"The Goods & Services Tax is a transformational structural reform which will have multiple benefits – the creation of a national market; enhanced ease of doing business; greater productivity & efficiency; and improved tax compliance. All stakeholders are working together for a seamless transition to this new paradigm. This reform will result in benefits for all participants in the Indian economy, including both businesses & consumers," Chanda Kochhar said.
The biggest tax reform since Independence, Goods and Services Tax (GST) will roll out on July 1.
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