Jaitley assured that the economic indicators are being assessed and appropriate action will be taken soon
Union Finance Minister Arun Jaitley on Thursday said corruption no longer exists in the Centre, while lauding its proactiveness in implementing the Goods and Services Tax (GST), the crackdown on excessive cash transactions, benami property, shell companies and so on.
"Corruption in the central government has become a thing of the past. This is happening in states as well. The present government has taken quick decisions whether it is implementing the GST or targeting subsidies are concerned. As far as black money and benami transactions are concerned, it is no safer in India to deal in excessive cash," Jaitley said while addressing the 2nd India Investor Summit organised by JPMorgan here.
Urging timely filing of the GST, Jaitley stated that assesses should file their returns four to five days prior to the due date to avoid last minute glitches.
"India's confidence as a nation has increased tremendously in the last few years. So far, we have been able to contain the impact of inflation post-GST. There has been a positive move towards digitization, and remonetisation has been substantially completed. As far as bringing more items under GST is concerned, I think real estate is the easiest to bring in," he opined.
Jaitley assured that the economic indicators are being assessed and appropriate action will be taken soon....Read More
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