Moneycontrol News
By evening today, the Lok Sabha will likely pass four crucial bills to introduce a country-wide Goods and Services Tax (GST) that would take India closer to being a one unified market.
GST promises to stitch together a common national market by replacing a string of central and local levies such as excise, value added tax, octroi, service tax into a single unified levy.
The government plans to introduce GST from July 1, 2017, more than 11 years after a formal process to introduce it began.
Here’s a look back at how GST, independent India’s biggest reform initiative, has reached the final leg:
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