Business Standard

Wednesday, December 25, 2024 | 12:34 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Haryana assembly passes GST Bill

Image

IANS Chandigarh

The Haryana assembly on Monday passed the Goods and Services Tax (GST) Bill.

Finance Minister Abhimanyu, who had moved the motion to this effect, said that the passage of the GST Bill was a revolutionary step.

The state, ruled by the BJP, became the 10th state to pass the bill after Mahrashtra die earlier on Monday.

The GST Bill was recently passed in both houses of Parliament and its ratification by various state legislatures is currently underway.

With the GST Bill, India will shed its complex taxation rules and enter a single tax regime replacing around 17 indirect taxes.

The Bill has already been ratified by Assam, Gujarat, Jharkhand, Bihar, Madhya Pradesh, Himachal Pradesh, Chhattisgarh and Nagaland.

 

--IANS

js/vd

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 29 2016 | 9:32 PM IST

Explore News