‘GST reforms will boost market purchasing & economy’

“The impact of these reforms will he known in the next four to six months’

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The recent GST reforms will spur market consumption and boost the domestic economy, Minister of State for Finance Pankaj Chaudhary said on Monday.

He said the impact of these reforms will be known in the next four to six months.

Chaudhary interacted with businessmen, entrepreneurs, and tax experts in Indore regarding the Goods and Services Tax reforms.

“Prime Minister Narendra Modi believes that when GST reforms bring additional money into the hands of the common people, it will definitely boost market purchasing and accelerate our economy,” he said.

Chaudhary said that though the GST system was introduced in 2017 under the leadership of PM Modi, efforts for it were going on for 10 years.