Topyaps Logo

Topyaps Logo Topyaps Logo Topyaps Logo Topyaps Logo

Topyaps menu

Responsive image

PM Modi Assures Saudi Investors; Says GST Will Be A Reality Soon

Published on 3 April, 2016 at 6:45 pm By

Promising Saudi and Indian business leaders, Prime Minister Narendra Modi said that Goods and Services Tax (GST) would be soon implemented in India.

Addressing Saudi CEOs and Indian business leaders in Riyadh, he said:


Advertisement

“You are worried about GST. Do not worry about GST. GST will happen. I cannot give a timeframe, but it will happen. It was our commitment, and it is about to happen.”

GST bill, which aims to implement a pan-India tax for a complete overhaul of the extant indirect tax regime, is currently stalled in the Rajya Sabha.

 

11vqea

He added that his government has opened up various sectors to foreign investment and India stands out as a ‘beacon of hope’ amidst global economic slowdown.

Modi said:



“World Bank has upgraded India by 12 ranks in Ease of Doing Business. I expect in the next review, our ranking will improve further because we have made a lot of administrative reforms.”


Advertisement

 

PM Narendra Modi on April 2, 2016 visited galleries on life and times of King Abdul Aziz Business Standard

PM Narendra Modi on April 2, 2016 visited galleries on life and times of King Abdul Aziz
Business Standard

The Prime Minister invited Saudi businesses to come and invest in Indian sectors like railways, defence, petroleum and agriculture.

He said, “India and Saudi Arabia should look at working together for building a dynamic global management sector for the cyber world.”

 

11vpwx

Modi, who is undertaking a three-nation tour, landed in Saudi Arabia on April 2 on the last leg.


Advertisement

 

Advertisement

Latest Stories

Kangana Gave Befitting Reply To Trollers Who Criticising Her for Posing in a Bikini

Kangana Gave Befitting Reply To Trollers Who Criticising Her for Posing in a Bikini


Watch: Ranbir Kapoor Talk About His Marriage with Alia Bhatt In Recent Interview

Watch: Ranbir Kapoor Talk About His Marriage with Alia Bhatt In Recent Interview


Here’s Google’s report of the best Android apps 2020 in India

Here’s Google’s report of the best Android apps 2020 in India


Kangana Shared A Two Piece Picture of Her Got Trolled on Twitter

Kangana Shared A Two Piece Picture of Her Got Trolled on Twitter


17 Unseen Photos of Harshita Gaur, Famous Actress of Sadda Haq & Mirzapur

17 Unseen Photos of Harshita Gaur, Famous Actress of Sadda Haq & Mirzapur


Advertisement

Most Searched

More From Politics

Popular on The Web