HomeNews News Cabinet approves supporting GST legislations ahead of 1 July roll-out Cabinet approves supporting GST legislations ahead of 1 July roll-out

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Cabinet approves supporting GST legislations ahead of 1 July roll-out

Cabinet approves supporting GST legislations ahead of 1 July roll-out

Monday, March 20, 2017, 12:31 PM

The Union cabinet on Monday gave its nod to the supporting legislations for the implementation of the Goods and Services Tax (GST) paving the way for the bills to be tabled. The cabinet approved the bill to compensate states for revenue losses arising from a transition to the GST, in another step towards meeting the 1 July roll-out date for this singular tax reform.
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