India's transition to the Goods and Services Tax regime has been "fairly smooth" despite attempts by "ill-informed" Opposition leaders to derail its implementation, Finance Minister Arun Jaitley has said. The Goods and Services Tax (GST) was implemented from July 1 this year. Finance Minister @ColumbiaSIPA: The world can look forward to a bigger & cleaner Indian Economy in the coming years. The obvious problem in the GST, he said, is going to be that the noncompliant are going to eventually come in to the net. The finance minister is here in US to attend the annual meeting of the International Monetary Fund and the World Bank.

Source: dna October 10, 2017 15:41 UTC