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GST Bill presented in Rajya Sabha Today

GST Bill presented in Rajya Sabha Today. Debate is going on between members.

Ex Minister Chidambram said “We will Support Only if the rates are below 20%”

Why is GST Bill Important  ?

  1. Inflation due to uncommon taxes. Common tax will help reducing inflation.
  2. There will be a improvement in tax processing.
  3. It will be beneficial for entrepreneurs and traders.

UPDATED :

GST Bill Good and Service Tax , indirect tax common throughout India was passed after discussion in Rajya Sabha between Ruling and Opposing Parties , yesterday – 4 August 2016 .