GOODS AND SERVICE TAX (GST)
- GST proposed to be rolled out from April 2012.
- No Final date from implementation announced yet.
- Several proposals under the existing tax regime should facilitate a move towards GST.
- Focus on building robust IT infrastructure.(GSTN)
- Further rationalization of rates under Excise and Customs.
- National Securities Depository Limited (NSDL) has been selected as technology partner