Mizoram
would love to brace new Good and Services taxation criterions but with low
network in major regions of the state the Taxation Minister Lalsawta appears
less sanguine on Indian government’s decision to launch the policy on 1st
July.
According
to Taxation Minister Lalsawta, region like Northeast with low networking in
major states of it is not ready to brace GST norms as it won’t allow will
hamper in the smooth processing of the policy and fear disappointing outcome.
The pressure is tremendous on bankers and lenders as well where with low
network regions, the processing of GST policy is estimated to turn as a
disaster without proper adequacy in fulfilling its norms.
Economically India is a top rated competitive market in the world but somewhere in
the country things are not happening too fast as result expected by leaders
where GST bracing is not an easy task.
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