Pranab moves finance bill, health tax axed

Tue, 22 March 2011

12:48

Apart from the healthcare tax axe, the government today also introduced a Constitution Amendment Bill in the Lok Sabha to facilitate implementation of GST, an indirect tax regime that would subsume levies like excise, service tax and sales tax.

The Bill, introduced by Finance Minister Pranab Mukherjee seeks to amend the constitution with a view to confer simultaneous powers on centre and states to levy taxes on goods and services.

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