PMO thanks all CMs, govt officials and political leaders ahead of GST rollout
Jitendra Singh, minister of state in the PMO, shot out over 150 letters thanking them for making GST a reality.india Updated: Jul 06, 2017 09:58 IST
As the countdown for the launch of the much-awaited Goods and Services Tax (GST) begins, the Prime Minister’s Office (PMO) expressed its gratitude to state chief ministers, chief secretaries, leaders of all recognised national parties and other senior dignitaries in facilitating its July 1 rollout.
Jitendra Singh, minister of state in the PMO, shot out over 150 letters thanking them for making GST a reality. “This gigantic task has been achieved with the co-operation of all state governments, political parties and other stakeholders,” the letter read.
The GST, touted as one of the most important reforms since Independence, will come into effect from the midnight of June 30.
The letter noted that the implementation of the new tax structure will not only create a unified national market but also boost manufacturing activities and exports, generate more jobs, improve India’s overall investment climate, and prevent cascading of taxes.
President Pranab Mukherjee will officially launch the new tax at a special function, to be attended by vice-president Hamid Ansari and Prime Minister Narendra Modi at Parliament’s central hall. Former prime ministers Manmohan Singh and HD Deve Gowda, besides senior government officials and dignitaries, are also expected to be present on the occasion.
“The rollout of the GST is a collaborative effort of all states and political parties, and we need to celebrate the occasion in a collective manner,” a senior government official said.
On June 22, the Union cabinet had acknowledged the contributions of all chief ministers and state finance ministers, besides political leaders.
Once the new tax regime is introduced, all central and state-level taxes and levies will be subsumed into one. While the GST broadly has four tax slabs – 5%, 12%, 18% and 28% – there are a few items that have been exempted from the structure.