Tag: Goods and Services Tax Bill
GST Bill Passed: the Biggest Indirect Tax Reform since Independence.
New Delhi: The Goods and Services Tax ( GST) bill was cleared by Indian Parliament on Tuesday, after it got the Lok Sabha’s approval by 443 to nil votes.
This is the biggest indirect tax reform since India’s Independence and it is expected to change the way of trade and commerce in the country. Moreover, it will bring about a drastic change in the tax revenues of the States in the Indian Union.