Bhubaneswar: The Goods and Services Tax (GST) has been identified as a major financial reform and will transform the entire country into a single market, said chief minister Naveen Patnaik here on Wednesday.
Inaugurating a workshop on GST bill for legislators at state secretariat, the chief minister said, “The enactment of the state GST will mark the beginning of a journey. We need to ensure that a robust administrative structure and information technology is put in place. It is imperative to manage the transition process through capacity building of tax officials and the members of trade and industry.”
“The cascading of taxes will be minimized as a large number of central and state taxes will be subsumed into the GST. This will benefit the industry and the consumers”, he said, adding, over time the tax burden on most commodities is also expected to come down.
The one-day workshop was attended by MLAs of different parties, assembly speaker Pradip Amat and ministers.
New Delhi: After the record-breaking success of ‘Pushpa 2: The Rule’, Rashmika Mandanna has her…
Bhubaneswar: Twelve members of Village Water and Sanitation Committees (VWSC) from nine districts of Odisha…
Hyderabad: Bollywood actress Janhvi Kapoor, who is rumoured to be dating Shikhar Pahariya, had once…
Bhubaneswar: In a remarkable stride toward strengthening industrial ecosystem, the Odisha government on Wednesday approved…
Bengaluru: Playing away from home, Odisha FC turned the game on its head to snatch a…
Hyderabad: Two weeks after its Telugu release, the Hindi version of Balakrishna-Urvashi Rautela starrer ‘Daaku…
This website uses cookies.
