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 ?
- Inflation due to uncommon taxes. Common tax will help reducing inflation.
- There will be a improvement in tax processing.
- 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 .
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