Arun Jaitley | Minister of Finance
Finance Minister Arun Jaitley today gave a press conference to launch GST and told that it will be launched at midnight on June 30 and July 1. He said – We have urged President, Vice President, Prime Minister, Lok Sabha Speaker and former PM Manmohan Singh and former PM Deve Gowda on the stage of GST launch.
GST will be effective from midnight on June 30 and July 1. He said that President, Vice President, Speaker, PM Modi, former Prime Minister Manmohan Singh and HD Deve Gowda will be present in this program. Jaitley said that there may be some challenges in adopting the new system for a while.
Finance Minister Arun Jaitley said that the launch of GST will be in the Central Hall of Parliament. Finance Ministers of MPs, Chief Ministers and States are being invited. He said that GST will increase the revenue of the Central and the States in medium and long term. The size of the declared economy will also be detailed. For some time, there may be some challenges in adopting the new system.
Let us tell you that Bollywood superstar Amitabh Bachchan will be seen promoting the goods and services tax (GST). It is notable that the new indirect tax system of GST is to be implemented from July 1. The Central Products and Customs Department will make Bachchan the brand ambassador of GST. A 40-second advertisement film with them has already been shot.
GST: Surely the most important 27 questions-answer on GST
The Ministry of Finance has written in this tweet, sharing the video, GST-An initiative to create a unified market. Earlier, badminton player PV Sindhu was the brand ambassador of GST.