Revenue from GST to help in developing infrastructure

05 Jul 2017 05:58 PM

Union Railways Minister Suresh Prabhu said the introduction of Goods and Services Tax will bring in more revenue to governments.



He said that this will help governments to spend increased amounts on infrastructure.

The Railway Minister also said that GST will prove to be a game changer.

 Suresh was addressing the gathering at Goa Chamber of Commerce and Industry on Wednesday.

The occasion was  GST summit organized by Assocham. Suresh is a Chartered Accountant by training.

He said this is the first time the state governments and the central government are cooperating to make things easy for businessmen.

He said even the United States of America does not have a  unified taxation system such as the GST.

Desk: | Camera: Shyam Chari



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