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GST BILL .

Goods and Services Tax - Started By: - SHIVKUMAR SHARMA - Dated:- 4-8-2016 Last Replied Date:- 5-8-2016 - Dear Readers, Its a big day for all of us!! Goods and Services Tax finally got the green signal to run on your life track. After years of deliberation, the GST, touted as the biggest tax reform in Indian history since independence, has finally seen the light of day. The Rajya Sabha today overwhelmingly passed the 122nd Constitution Amendment Bill to facilitate rollout of the Goods and Servic .....

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nd then ratified by at least 50 per cent of the states Legislative Assemblies, to become a law. WHAT OUR FINANCIAL MINISTER SAY ABOUT IT!! Replying to over six hour long debate on the Bill, Finance Minister Arun Jaitley said the government will try for the most reasonable rate for GST. He said with GST, system will become more efficient and there will be no tax on tax and evasion will become more difficult. He also dismissed the apprehension of members that Centre will have veto power in the pro .....

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