NEW DELHI: The Rajya Sabha clearance to the GST Bill, touted as the biggest tax reform since India's Independence, lifted market mood on Thursday, but only briefly. The bill is set to improve the government's revenue and help it achieve better transmission of prices.
It is expected that certain goods, such as capital goods, would become cheaper by 12-14 per cent, increasing demand for them, raising investment and, thus, economic growth.
However, the landmark legislation ..
It is expected that certain goods, such as capital goods, would become cheaper by 12-14 per cent, increasing demand for them, raising investment and, thus, economic growth.
However, the landmark legislation ..