• search

1st anniversary of GST: Govt plans mega event to mark on July 1

By PTI
Subscribe to Oneindia News
For Quick Alerts
Subscribe Now
For Quick Alerts
ALLOW NOTIFICATIONS
For Daily Alerts

    New Delhi, June 26: The Government is planning a mega event to mark the first anniversary of Goods and Services Tax (GST) roll out on July 1 with the participation of industry chambers, traders, and tax officials, besides, Finance Minister Piyush Goyal.

    Govt plans mega event to mark 1st anniversary of GST on July 1. PTI file photo

    Union Minister Arun Jaitley too would be addressing the gathering through video conferencing.

    Sources said the government has decided to celebrate July 1 as the 'GST-Day’ and the mega-event is being planned at the newly constructed Ambedkar Bhawan in the national capital.

    The biggest tax reform since independence, goods and services tax (GST) was launched in the midnight of June 30 by Prime Minister Narendra Modi and the then President Pranab Mukherjee in the central hall of Parliament.

    GST has subsumed over a dozen local taxes and transformed India to a 'one nation one tax’ country.

    After the initial glitches, the GST system has stabilised and tax collection has also started picking up pace. Over 1.11 crore businesses are registered under GST.

    PTI

    For Breaking News from Oneindia
    Get instant news updates throughout the day.

    X
    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more