Tax
reforms will increase growth and money circulation - Choksy
By Ravi Ladduwahetty
The Government expects additional economic growth and employment
generation following the sweeping reforms in the taxation regimes with the
abolition of the 12.5 percent Goods and Services Tax (GST) and the
National Security Levy (NSL) and replacement with the two band Value Added
Tax (VAT) at 10% and 20 % , Finance Minister Choksy told the Daily News in
a special post budget interview yesterday. Full story