News That Matters

GST replaced ‘Congress legacy tax’ with ‘good and simple tax’: Jaitley

NEW DELHI: Union Minister Arun Jaitley on Friday said the GST has replaced the ‘Congress Legacy Tax’ — which was 31 per cent for most goods — with a ‘good and simple tax’, adding that the existing 28 per cent slab will be phased out following further improvement in revenue collections.

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