Union Cabinet approves GST Amendment Bill

Union Cabinet has approved the Constitution Amendment Bill on Goods and Services Tax (GST) thus clearing the way for its introduction in ongoing Winter session of Parliament.

This bills aims to bring about long-pending indirect tax reforms and government planning to roll out the Goods and Services Tax (GST) from 01 April 2016.

Cabinets nod comes after the Centre and states reached a consensus on deadlock related to contentious issues, including petroleum product taxation.

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Categories: India Current Affairs 2017

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