Measures like GST roll-out and single window clearance for project approvals, replacing prototype labour regulations, will improve flow of credit to infra sector and help India achieve 'ease of doing business' ranking of under 50 by 2020,...
The government is committed to meeting fiscal deficit target and continuing on the path of economic reforms, Jaitley said during his meeting with major foreign institutional investors and companies in Hong Kong.
Broadly, it is anticipated that GST will replace current complex central and state indirect taxes to create a seamless indirect tax at three levels - central, state and integrated GST - the report said.
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