Manufacturing states would lose more than consumption states. That’s why 1 % origin based tax has been included with a sunset clause of 2yers
- Centre agree to compensate states far GST LOSS for on 1st Five years a differing basis.
- GST – a Key Indirect state –from 1 April, 2016.
IMF raises Indi’s growth – 7.2% this fiscal
- Firm policy actions, lover global oil prices help improve economic outlook