Internet and mobile industry body IAMAI representing giants like Google, Flipkart, Facebook, Airtel Money today slammed proposed Goods and Services Tax Bill saying it fails to recognise the digital economy and push back regulatory progress by decades. "The new GST Bill springs an unpleasant surprise: a 'forward looking' Bill that is supposed to modernise Indian governance fails to recognise the Internet and digital economy in India.

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