GST:Price of commodities to fall State's tax income to rise

T'puram: Finance Minister Thomas Issac said that the new system of tax being implemented from July 1 will bring a lot of gains to Kerala. Income from tax will increase by 20 percent. He also said that implementation of GST need not lead to increase in prices. It will now be possible to collect taxes without leakage for goods brought in from other States. 70 percent of current traders have already registered for GST.

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