AIAI welcomes the GST Bill

AIAI welcomes the GST Bill 

The All India Association of Industries (AIAI) welcomes the introduction of GST Bill passed in the parliament by  Mr. Arun Jaitley, Finance Minister, Government of India  shall make the way forward for implementation of GST on estimated date of July 01, 2017 said Mr. Vijay Kalantri, President, All India Association of Industries (AIAI). 

No doubt GST Bill  is a right decision for keeping in line with the Ease of Doing Business and if implemented  with proper simplification and rationalization of taxes will give impetus to growth of GDP by 1% to start with added Mr. Kalantri. 

There is a need to further simplify various archaic laws and regulations pending with the Government to attract domestic and foreign investment which will ultimately generate exports and employment emphasized Mr. Kalantri.