Home ECONOMY Lok Sabha approves GST Bill

Lok Sabha approves GST Bill

0
SHARE

New Delhi, May 6:

File pic of Lok Sabha
File pic of Lok Sabha

The Lok Sabha on Wednesday gave its consent to a far-reaching amendment to the Constitution to pave the way for a pan-India goods and services tax (GST) regime and create a unified market across the country, doing away with multiplicity of central and state levies.

The relevant Constitution (One Hundred and Twenty Second Amendment) Bill, 2014, was passed by a division with 336 ayes, 11 against and 10 abstentions. Lok Sabha Speaker Sumitra Mahajan announced the bill was approved with two-thirds majority of the house, as required.

(IANS)