GST = Good & Simple Tax, says PM Modi as India enters new tax era

Goods & Services Tax launched at glitzy function in Central Hall of Parliament; PM Narendra Modi calls GST ‘Good & Simple Tax’, says it is a shining example of cooperative federalism; PM Modi asserts that the days of tax terrorism, inspector raj and tax-payers' harassment at the hands of officers shall now be a thing of the past; PM Modi calms industry nerves, says initial hiccups would be temporary just like adjusting to a new pair of glasses; President Pranab Mu...