GST will help businesses: PM Modi at BRICS leaders informal meet

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Hamburg (Germany), July 07 (ANI): While addressing the informal meeting of BRICS leaders, Prime Minister Narendra Modi stated that the Goods and Services Tax (GST) bill implemented last week will help business and is the biggest tax reform in India in the last 70 years. He added that the economic condition in the country is improving rapidly and this year the GDP is expected to rise above seven percent. He further complimented Chinese President Xi Jinping for his chairmanship and maintaining a positive momentum in the BRICS.