GST Bills to pass in Loksabha soon
DSIJ Intelligence / 28 Mar 2017
Arun Jaitley, Finance Minister of the country addressed MPs on Tuesday to convince them for passing of GST Bills through consensus.
Arun Jaitley, Finance Minister of the country addressed MPs on Tuesday to convince them for passing of GST Bills through consensus.
The four bills are as Central GST, Integrated GST, Union Territory GST and the Compensation Law. The new legislations will be useful in a one-nation one-tax regime.
Earlier, the Prime Minister Narendra Modi has conveyed to all parties that the government wants to pass GST Bill through consensus and these Bills will be beneficial for the common man.
The government has introduced four GST Bills to implement the biggest tax reform since independence. It proposes to launch GST from July 1. It is estimated that the rolling out of the GST can add up to 2 per cent to India's economic growth.
At the same time, the logistics stocks are in focus on Tuesday’s trading session.
Gati: 1.08 per cent
VRL Logistics: 0.69 per cent
Snowman Logistics: 0.77 per cent
Transport Corporation of India: 1.18 per cent
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