NEW DELHI: India’s economic expansion is tied to the global economy, but it could grow faster than 8% as the nation prepares to implement a national sales tax from July, Finance Minister Arun Jaitley said.
The goods and services tax will eliminate multiplicity of taxes and make India a single common market, Jaitley said, addressing G-20 finance ministers and central bank governors in Washington on Friday night. India’s growth is resilient, he said.
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