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GST is a 'game changer' but simplify it: Congress minister
A Congress minister from Karnataka has hailed the Goods and Services Tax (GST) as a "game changer and good reform" but maintained it should be made simpler by reducing the number of slabs as well as rates.
Karnataka Minister for Large, Medium Industries and Infrastructure Development R V Deshpande said some changes are required in the current GST structure as "small traders and businessmen are suffering".
Deshpande said GST should have come under the UPA government itself but BJP then opposed it. Later, there was a delay in its implementation as opposition parties did not cooperate on certain issues, he added.
"When everybody was on-board, it was done. But, this being a new reform and a game changer -- 'One Nation One Tax' ultimately is going to benefit (all).
"Yes, there are teething problems...a lot of them have suffered and are suffering. Though there are issues, I am sure they (the government) will act and I am happy some initiatives were taken by Union Finance Minister Arun Jaitley to resolve them (problems related to GST). But, still a lot has to be done," Deshpande told
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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