• Sunday, May 22, 2022

Asia

GST made doing business easier for traders: Jaitley

Arun Jaitley

By: Eastern Eye Staff

Union Finance Minister Arun Jaitley on Friday said the Goods and Services Tax (GST) has made doing business easier for traders by expanding the market place and reducing tax compliance burden. He further said that the two structural reforms — GST and demonetisation — will benefit the economy in the medium and long-term. “GST has made doing business and trade very easy. The market size for every trader has grown. Now whole country is his market,” Mr. Jaitley said while responding to questions regarding the second quarter economic growth estimates. Reversing a five-quarter slide in Gross Domestic Product (GDP) growth,…

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