President Donald Trump today praised the Modi government's Goods and Services Tax initiative, saying the largest tax overhaul in India's history will create "great new opportunities" for the Indian people.
"In just two weeks, you will begin to implement the largest tax overhaul in your country's history - we're doing that also, by the way - creating great new opportunities for your citizens," Trump said in his joint press statement at the White House here after holding talks with Prime Minister Narendra Modi.
"You have a big vision for improving infrastructure, and you are fighting government corruption, which is always a grave threat to democracy," he said.
Trump heaped praise on Modi for introducing reforms and making accomplishments in the economic sphere.
"I am thrilled to salute you, Prime Minister Modi, and the Indian people for all that you are accomplishing together. Your accomplishments have been vast," Trump said.
"India has the fastest growing economy in the world. We hope we're going to be catching you very soon in terms of percentage increase, I have to tell you that. We're working on it," he said.
Source : PTI , Economic Times
US President Donald Trump Praises GST, terms it largest tax overhaul
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