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News GST

  • Dec 16, 2014
  • GST Bill set to be tabled as states' key demands met

    The Constitution amendment Bill on a national goods and services tax (GST) is likely to be tabled in the current session of Parliament, after the Centre agreed on two main demands of the states, on petroleum products and compensation for revenue loss after the new indirect tax system is introduced.After securing Congress support for a rise in the foreign investment cap in the insurance Bill, this is another key reform Bill where the Centre has managed a broad consensus.

    Source - http://www.business-standard.com