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India welcomes GST: Historic midnight session of Parliament

Prime Minister Narendra Modi defined GST as Goods and Simple Tax at the midnight rollout of the India’s biggest tax reform.

President Pranab Mukherjee said that the unified tax system was “the culmination of 14 year long journey”.

The Congress and several other Opposition parties boycotted the function.

Parliament was lit up for the historic midnight launch of the Goods and Services Tax.

Prime Minister Narendra Modi with President Pranab Mukherjee, Vice President Hamid Ansari, Finance Minister Arun Jaitley and other dignitaries at the Central Hall of the Parliament.

Finance Minister Arun Jaitley delivered a short address in which he called GST an “important achievement for the entire country.” “The old India was economically fragmented, the new India will create one tax, one market and for one nation,” Jaitley said.

Prime Minister Narendra Modi, who spoke at length after returning from a two-day Gujarat trip just hours earlier.

“We are setting India’s roadmap with GST,” Modi said. “The best brains of the country worked together for GST.”

At midnight, President Mukherjee and PM Modi stood together and pressed a buzzer to launch GST.

The moment was followed by a promotional video on the Goods and Services Tax.

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