Friday, 23 June 2017

Cabinet passes resolution, thanks CMs for GST cooperation

The Union Cabinet, at a meeting here chaired by Prime Minister Narendra Modi, on Thursday passed a resolution to express gratitude to Chief Ministers and others for cooperation on the Goods and Services Tax (GST) issue. "The GST is a shining example of national integration and of fiscal federalism at its best. It is a testimony to the working of India's federal democracy. It has been made possible because of close cooperation between the Centre, state governments, and political parties," a Finance Ministry statement said. "The Cabinet acknowledged the contribution made by all state governments, by all Chief Ministers and state Finance Ministers, and by all political parties, which made it possible for the GST to be implemented from July 1".

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