India’s GST rollout is confirmed for midnight June 30, rejecting delay speculations. This major reform unifies state and central indirect taxes.
As of June 21, 2017, India was set to adopt a new tax system, the Goods and Services Tax (GST), starting at midnight on June 30th. This transition was planned with an event highlighting the states’ collective effort in formulating these significant tax reforms. The Finance Minister noted that due to ample prior notice regarding the implementation date, businesses had sufficient time to prepare for the new tax framework. This information was initially published by the Economic Times.
