GST ONLINE

More than 68,000 companies have been registered in eight months following the implementation of the Goods and Services Tax (GST) regime, Union Minister P P Chaudhary said on Friday. GST --the biggest tax reform-- was rolled out from July 1, 2017. "The total number of companies registered during the period from July 2017 to February 2018 (post GST) is 68,299," the minister of state for corporate affairs said in a written reply to the Lok Sabha. In comparison, the number of such entities was 63,106 between July 2016 and February 2017. Thus increasing trend in the number of companies' registrations has been maintained post GST, the minister added.