TIL Desk/Business/New Delhi/ Finance Minister Arun Jaitley has said the Goods and Services Tax (GST) was a “win-win” deal for all as it would expand the tax net, end “inspector raj” and bring down the prices of goods.
While he spoke on the GST at the BJP parliamentary party meeting, External Affairs Minister Sushma Swaraj briefed party MPs on the recent foreign visits of Narendra Modi and said no visiting Indian prime minister had received the kind of welcome accorded to him by US President Donald Trump during his recent to that country.
“It was unprecedented,” BJP sources quoted her as saying at the meeting. Pitching the GST as a measure beneficial for the country, Jaitley said the prices of goods had come down between four to eight per cent since its roll-out on July 1.
Parliamentary Affairs Minister Ananth Kumar briefed reporters about Jaitley’s remarks. The GST was in the interest of people and states as well as the latter would get 80 per cent of the revenue leading to more development, Jaitley said.
