India 09 August 2016: "Although it’s too early to comment, we are very hopeful with GST when enacted. ‘One nation, one tax’ regime will surely decrease the documentation and also reduce the operational costs. Single point of taxation will also increase flow of the products, which is right now a big bottleneck in transportation. The IT products, which are essential in the development of country and realization of Digital India dream, comes under preferred taxes. We are hoping that it will remain the same even after implementation of GST. As on all projects, execution and implementation of GST will hold the key and can make a big difference in ease of doing business."
