The central government on Wednesday announced the setting up of two committees to facilitate the rollout of the goods and services tax (GST) regime from April 1 next year and to propose the tax rates.
A committee headed by Chief Economic Adviser Arvind Subramanian has been formed to come up with a revenue neutral rate or a rate at which there will be no revenue losses to states under the proposed GST regime. read more http://www.vishwagujarat.com/india/centre-forms-two-committees-to-implement-gst/
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