Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
02 March, 2021 22:13 IST
Cabinet clears Amendment Bill on GST
Source: IRIS | 18 Dec, 2014, 01.07AM
Rating: NAN / 5 stars.
Comments  |  Post Comment
The Union Cabinet on has reportedly approved the 122nd Constitutional Amendment Bill on the Goods and Services Tax (GST) on Wednesday, as per media reports. The central government led Prime Minister Modi may introduce GST bill in Parliament during the current session. 


India will soon be a common market once GST implementation gets completed in the country. GST will become single indirect tax throughout the country by replacing all indirect taxes levied by the centre and state governments. 


However, the central government will need consensus of all state governments for effective implementation of GST in the country.
 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
RBI imposes monetary penalty of Rs 20 mn on Bank Of Maharashtra - 02-Mar-2021 18:20
TVS Motor sales up 18% in February 2021 - 02-Mar-2021 18:07
Ashok Leyland reports 19% rise in February sales - 02-Mar-2021 17:55
Sterlite Technologies names Chris Rice as CEO for its Access Solutions Business - 02-Mar-2021 16:32
MCX, NSE, India INX to set up market infrastructure institutions in GIFT City - 02-Mar-2021 09:58
Buy Vedanta; target price of Rs 220: Motilal Oswal - 02-Mar-2021 09:29
UPL in long-term collaboration with FMC Corporation - 02-Mar-2021 09:08
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer