India launches historic indirect tax regime GST: 5 top quotes of PM Narendra Modi

New Delhi: India launched its ambitious pan-India indirect tax regime, the Goods and Services Tax (GST) at the stroke of midnight hour to bind the country into a regime of "one nation, one tax, one market".

At a gala event to launch the Goods and Services Tax (GST) at the historic Central Hall of Parliament, Modi said the indirect tax reform is a result of combined efforts of various political parties at different points of time.

Prime Minister said even eyes have to adjust for a couple of days when a sight corrective spectacles are worn.

Here are 5 top quotes of PM Narendra Modi at special midnight session of parliament to launch GST

Modi described the GST as `Good and Simple Tax` -- good because there will be no tax on tax and simple because there will be only one form of tax.

The roll out of GST is the best example of cooperative federalism and success of Indian democracy.

The GST process cannot be confined to just economic system but was a collective effort of all.

Today, the GST Council had its 18th meeting. It is a coincidence that the Bhagavad Gita also has 18 chapters.

Albert Einstein had once said that if there is one thing that is most difficult to understand, it is income tax. I wonder what he would have said had he seen our tax system.

With Agency Inputs