Business-friendly Environment for Investors: Arunachal Assembly amends GST clauses

Business-friendly environment for investors - Arunachal assembly amends - GST clauses - Taxscan

The Arunachal Assembly passed four key bills,  including ones that make amendments in GST clauses with the objective to facilitate a business-friendly environment for investors.

The bills passed by the assembly were the Arunachal Pradesh Civil Courts Bill, the Arunachal Pradesh Goods and Service Tax (Amendment) Bill, the Arunachal Pradesh Ease of Doing Business Bill, and the Arunachal Pradesh Municipal Corporation (Amendment) Bill.

Keeping in view the present scenario, Deputy Chief Minister Chowna Mein had introduced the Arunachal Pradesh Goods and Service Tax (Amendment) Bill.

Deputy Chief Minister who also holds the finance, planning and investment portfolios, said the objectives of the Arunachal Pradesh Ease of Doing Business Bill are to bring about regulatory reforms, create an investment-friendly ecosystem, and make it easier to obtain permits online.

“My government’s efforts to build an investor-friendly environment has brought good results in ease-of-doing-business ranking. Our state has jumped five spots since 2017-18,” he added.

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