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Thursday, March 30, 2017

Lok Sabha assent in hand, Modi sarkar races ahead to roll out GST


India took a big leap forward in rolling out the goods and services tax (GST), seen as the biggest tax reform since Independence, with the Lower House of Parliament giving its nod to four supplementary Bills. 

Their passage will allow the government to prepare for the July 1 launch of the single levy that will replace multiple central and state taxes and make the country a seamless national market, boosting India’s growth rate. 

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