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GST reactions News

04 Aug 2016

Passing of GST bill an extremely progressive step: Walmart

Hailing the passage of GST Bill in Rajya Sabha as an extremely progressive step, Walmart India said creating a single market in India for goods and services will boost the country's economy significantly, help retail sector in a big way.

04 Aug 2016

GST Bill to address tax ambiguities, spur growth: ICT industry

Indian telecom and technology companies said passage of the GST Bill will facilitate ease of doing business and address ambiguities in the current indirect tax landscape, thus benefiting the economy.

04 Aug 2016

GST: How it will affect the IT industry

The GST regime would streamline the taxation system and make it much more transparent, but would also create multiple taxation points, which will be a "challenge" for the IT industry, Nasscom said.

04 Aug 2016

GST bill a 'game-changer' for India's economic growth: USIBC

The US India Business Council has termed the passage of GST bill by the Indian Parliament as a "game-changer", saying it is a significant milestone in efforts to improve the country's ranking in World Bank's ease of doing business index.

04 Aug 2016

GST to curb black money, April 2017 rollout tough: Experts

The Goods and Services Tax (GST) regime will weed out black money and usher in an efficient taxation system, but the April 2017 rollout deadline appears to be challenging, experts said.

04 Aug 2016

GST: How it will impact the real estate sector

Implementation of the GST law will have a positive impact on the real estate sector with expected reduction in its tax burden, according to property developers and consultants.

Goods and Services Tax

04 Aug 2016

India Inc hails passage of GST Bill in Rajya Sabha

Cheering the passage of the GST Bill in Rajya Sabha, India Inc Wednesday said roll out of the much-awaited indirect tax reform will contribute significantly to the growth of the economy and bring down the overall cost of goods and services.

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