Lok Sabha, Passes Goods and Services Tax (GST): Towards New Tax Regime

IASmind.com,┬áLok Sabha, Passes Goods and Services Tax (GST): Towards New Tax Regime With GST, all the indirect taxes will be subsumed into a one tax regime. This will alter the principles of fiscal federalism enshrined in our constitution. So it provides for constitutional amendment, with acceptance from states. On 29 … Continue reading Lok Sabha, Passes Goods and Services Tax (GST): Towards New Tax Regime