Comment of Ms. Chanda Kochhar, MD and CEO, ICICI Bank on GST

Ms. Chanda Kochhar, MD & CEO, ICICI Bank said,

“The Goods & Services Tax is a transformational structural reform which will have multiple benefits – the creation of a national market; enhanced ease of doing business; greater productivity & efficiency; and improved tax compliance."

In a press statement she said,

"All stakeholders are working together for a seamless transition to this new paradigm. This reform will result in benefits for all participants in the Indian economy, including both businesses & consumers.”