FM Jaitley hints for reducing GST

DAINIK NATION BUREAU

The Union Finance Minister Arun Jaitley has categorically said that as far as GST is concerned, we have space for improvement eventually once we become revenue neutral to think in terms of bigger reforms such as lesser slabs, but for that we have to become revenue neutral plus. To ensure this we have to certainly ensure larger presence. There are no grey areas in implementation of tax laws. The taxes which are payable have to be paid and which are not payable, then the same are not to be paid. He asked the young officers that in case of doubt, move straight.

The FM was delivering the Valedictory Address at the NACIN Founding Day and Passing-out Ceremony of the 67th Batch of IRS (C&CE) at NACIN in Faridabad, Haryana on Sunday. He told them that they will get the option of choosing the path of working with dignity, self-respect and honesty from the very beginning of their career. The peer group is the best to judge the performance of an officer.

National Academy of Customs, Indirect Taxes and Narcotics (NACIN) celebrated its Founding Day on October 1 at NACIN Complex, Faridabad for the First time. It started as a Training School in 1955 on 1st October. On the occasion of Founding Day, the Passing -out Ceremony of IRS (C&CE) Probationers of the 2015 batch was also held. The Finance Minister also inspected the Passing-out Parade and took the salute.
The 2015 batch of Indian Revenue Service (IRS,C&CE) which has passed-out from the Academy after completing their professional training consisted of 147 officer trainees including 32 women officers. These young officers will be at the helm of administering the GST, India’s biggest tax reform since independence.

During the passing-out ceremony, the Finance Minister Jaitley awarded medals to the five officer trainees who have excelled in different areas of training for their exceptional achievement. Young officer Dr. Farah Zachariah was awarded with the Finance Minister’s gold medal for being the overall best officer trainee.

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