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India sales tax reform: time is running out.

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  • India sales tax reform: time is running out.

    Mr Modi's government and the ruling Bharatiya Janata Party want to launch a long-discussed unified nationwide goods and services tax, or GST, when India's next financial year begins on April 1 2016 writes Jennifer Thompson. The bill was approved by the lower house in May and is now cranking its way through the Rajya Sabha, or upper house - although it looks like it will stay there for the foreseeable future, with no agreement in sight.
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