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Jaitley hopes GST roll out to make goods cheaper

Jaitley hopes GST roll out to make goods cheaper

Wednesday, March 22, 2017, 5:24 PM

A new nationwide GST will be rolled out from July 1 to create one of the world's biggest single markets, make commodities cheaper and make tax evasion difficult. Jaitley said India has "hugely" a non-tax compliant society and the government banned higher denomination notes to curb the tendency of people to deal in cash that leads to tax evasion as well as terror financing.
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