GST beneficial for states like West Bengal, says finance minister

West Bengal Finance Minister Swapan Dasgupta on Tuesday highlighted the benefits of the Goods and Services Tax for states like West Bengal, following the 57th meeting of the GST Council. Dasgupta characterized the recent council deliberations as "very, very positive," pointing to the indirect tax regime's role in streamlining business operations across the region.

The finance minister emphasized that the GST framework continues to deliver tangible advantages for West Bengal's economic landscape. According to Dasgupta, the tax structure has contributed to improved ease of doing business, a critical factor for attracting investment and fostering entrepreneurial activity within the state.

Compliance standards have also shown marked improvement under the GST regime, the minister noted. Enhanced transparency and standardized procedures across state borders have helped businesses operate more efficiently while ensuring greater accountability in tax collection mechanisms.

Dasgupta's remarks reflect growing confidence among state officials in the GST's capacity to drive economic growth while maintaining robust revenue streams. The minister's assessment aligns with broader efforts to strengthen India's unified tax framework and promote inter-state commerce.