New tax will help generate 10 lakh jobs: Haryana CM

CM CALLS UPON CHARTERED ACCOUNTANTS TO REMOVE ALL DOUBTS CONCERNING THE GST FROM PEOPLE’S MINDS

GURGAON: The implementation of Goods and Services Tax (GST) would generate 10 lakh jobs in the country, Haryana chief minister Manohar Lal Khattar said.

The chief minister was speaking at a felicitation function organised by the Institute of Chartered Accountant of India on the occasion of 68th Chartered Accountants Day in Gurgaon on Saturday.

Khattar called upon the chartered accountants to remove all doubts concerning the GST from the people’s mind in the next three months and take the country ahead.

He described the GST as the “biggest transformation” since the country got its freedom 70 years ago. He said the single tax regime was heralded after convening a midnight session of Parliament. “This was the fourth programme in free India to be organised at midnight. Prior to this, such programmes were organised on the occasion of the country’s Independence at the stroke of midnight on August 15, 1947, and on the completion of 25 and 50 years of freedom of the country,” Khattar said.

The chief minister said the GST was the result of the “strong political will of Prime Minister Narendra Modi”. “The country would take rapid strides towards development if there was a transparency in the system,” he said.

He described the GST as yet another big step after Aadhaar, Jan Dhan Yojna, NITI Ayog and demonetisation of high value currency notes last November.

Khattar said GST would ensure transparency and enable India to compete with other countries. “In 1947, the value of one rupee was equal to one dollar, but now we are lagging behind. Through better economic management, we could take the common man ahead on the path of progress,” Khattar claimed.

On the occasion, the chief minister also announced that Institute of Chartered Accountant of India will be given a plot in Gurgaon.

Earlier, Union minister for water resources Uma Bharti said in foreign countries, the tax system of India was termed “tax terrorism” but after the implementation of GST, people would get relief which would be visible gradually. Union women and child development minister Maneka Gandhi exhorted the chartered accountants to educate people about the GST.