Question
Statement: The Goods and Services Tax, to be rolled out next month as the biggest tax reform since independence, it simplifies taxes, will help India achieve a 9 percent growth rate, NITI Aayog CEO Amitabh Kant said today. Which of the assumption can be made from the given statement?
Statement: The Goods and Services Tax, to be rolled out next month as the biggest tax reform since independence, it simplifies taxes, will help India achieve a 9 percent growth rate, NITI Aayog CEO Amitabh Kant said today. Which of the assumption can be made from the given statement?
I. GST will simplify India's taxation system and help deal with tax evasion.
II. GST will not going to affect the growth rate of India.
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