No excuse for firms not to be ready for India's GST: Jaitley
New Delhi
INDIAN small business has been given enough time to prepare for the July 1 roll-out of a new national Goods and Services Tax (GST), Finance Minister Arun Jaitley said on Tuesday, ruling out any further slippage in the timeline.
Mr Jaitley, addressing a news conference, said there would be initial challenges after launching the tax, which will require all but the smallest businesses to file three detailed returns online every month.