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India's biggest tax reform GST launched at Parliament's Central Hall

The historic Goods and Services Tax (GST) was launched by President Pranab Mukherjee and Prime Minister Narendra Modi at midnight today unveiling the new tax regime replacing overnight the messy mix of more than a dozen state and central levies.

All India Radio
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New Delhi: The historic Goods and Services Tax (GST) was launched by President Pranab Mukherjee and Prime Minister Narendra Modi at midnight today unveiling the new tax regime replacing overnight the messy mix of more than a dozen state and central levies built up over seven decades, with a one national GST unifying the country's USD 2 trillion economy and 1.3 billion people into a common market.

The new indirect tax regime in the country is to come into effect from July 1, wherein fixation of GST rates on the supplies is joint responsibility of the Central and State governments after the approval from the GST Council.

01 July 2017
00:01 IST

Finance Minister Arun Jailey announces launch of India's biggest tax reform GST

23:55 IST

This historic moment is the culmination of 14 year long journey which began in December, 2002: President Pranab Mukherjee. #GST

23:50 IST

Introduction of GST is a momentous event for the nation: President Pranab Mukherjee.

23:49 IST

President Pranab Mukherjee begins with his speech in the Central Hall of the Parliament 

23:47 IST

GST will stop BlackMoney and corruption, it will also benefit the poor of the nation: PM Modi

23:47 IST

GST has potential to end harassment at hands of officers; hope traders will transfer its benefits to consumers: PM Modi

23:46 IST

This is also a coincidence that Bhagwad Geeta contains 18 chapters and GST Council also went through 18 meetings: PM Narendra Modi #gstrollout

23:42 IST

GST is transparent and fair system that prevents black money and corruption and promotes new governance culture: Prime Minister Modi

23:39 IST

Long wait at toll plazas will end with GST integrating 31 states and UTs as one: Prime Minister Modi

23:38 IST

GST is economic integration of India just like what Sardar Vallabhbhai Patel had done decades back to integrate the country: PM Modi.

23:36 IST

GST is an example of strength of 'Team India' , it is becoming a reality tonight: PM Modi

23:34 IST

Best brains have worked on GST, we are setting India's roadmap: PM Modi

23:32 IST

GST an example of cooperative federalism: Prime Minister.

23:31 IST

Prime Minister Narendra Modi says GST is result of combined efforts of all political parties: PTI

23:30 IST

GST is a result of a long thinking; all states along with Centre discussed for years, says PM Modi: PTI

23:26 IST

Scope of GST is unlimited to financial system, now India will move in a new direction: PM Modi

23:20 IST

It's not a success of any one party or any government, it's result of everyone's effort: PM Modi

23:19 IST

Prime Minister Narendra Modi begins his speech in Central Hall of Parliament

23:17 IST

GST Council met 18 times and there was never any need for voting, because of the unanimity: FM Jaitley

23:13 IST

The old India was economically fragmented, the new India will create one tax, one market and for one nation: FM Arun Jaitley

23:12 IST

GST is India's most ambitious tax reform, it will create One Tax, One Market for One Nation: FM Jaitley

23:07 IST

Former Prime Minister #ManmohanSingh skips #GST launch event owing to Congress' boycott of the ceremony.

23:03 IST

Finance Minister Arun Jaitley begins speech.

23:03 IST

Parliament begins GST session with National Anthem

23:03 IST

PM Narendra Modi greets President Pranab Mukherjee at Central Hall of Parliament 

23:00 IST

President Pranab Mukherjee arrives at Parliament for GSTlaunch

22:57 IST

TV grab

22:56 IST

PM Narendra Modi arrives at Parliament's Central Hall for GST rollout; Vice President Hamid Ansari too arrives for GST launch event

22:52 IST

Delhi: GST Bhavan lights up ahead of GST rollout

22:51 IST

Speaker Sumitra Mahajan arrives at Parliament's Central Hall

22:51 IST

Minister for External Affairs Sushma Swaraj present at Parliament's Central Hall

22:50 IST

Union Trasport Minister Nitin Gadkari sitting next to Union Urban Development Minister M Venkaiah Naidu

22:50 IST

Union Minister of State for Home Affairs Kiren Rijiju present in Parliament's Central Hall

22:47 IST

Union Water Resources Minister Uma Bharti, Union Food Minister Ram Vilas Paswan present at Parliament's Central Hall for GST launch event

22:38 IST

Finance Minister Arun Jaitley reaches Parliament's Central Hall

22:32 IST

Minister of State for Civil Aviation Jayant Sinha admires the lit up Parliament building, tweets, "Parliament really looking beautiful tonight and ready for history to be made"

22:26 IST

Ratan Tata reaches Parliament's Central Hall to attend GST launch

22:22 IST

GST ka kendra bindu gaon,gareeb,kisan,majdoor hai. Unki zindagi mein aarthik sudhar laane mein GST ek bahut bada platform hoga, says Ananth Kumar: ANI

22:22 IST

Watch the live updates here: http://zeenews.india.com/business/live

22:14 IST

Parliament building lights up ahead of the midnight session

22:11 IST

Union Minister Venkaiah Naidu tweets, "At stroke of midnight on June 30, India wakes up to an era of freedom from shackles of taxation. Country rises as One Nation with One Tax. So will it be with game changing #GST. #TeamIndia will again win."

22:11 IST

Assam Chief Minister Sarbananda Sonowal says GST will bring a paradigm shift in the entire indirect tax system

22:11 IST

Delhi BJP president Manoj Tiwari along with Arun Jaitley to address GST-related meeting at Talkatora Stadium next week

22:04 IST

Delhi BJP plans to organise camps to help traders and commonman with their problems with GST
 

22:04 IST

I expect the GST rollout to boost hiring across sectors by 11 percent by creating an integrated national market which will promote domestic demand and drive job creation, says Union minister Rajiv Pratap Rudy: PTI

22:01 IST

I think India will grow faster, better, economy will be benefited, all the states will be benefited, says Maharashtra CM Devendra Fadnavis: ANI 

 

22:00 IST

Union Sports Minister Vijay Goel tweets about mega event: 

21:58 IST

Sand artist Sudarshan Patnaik welcomes GST launch with a sand sculpture:

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