GST Bill passage

Around Rs 9.20 lakh crore ($137 billion) of Central and state revenue from 15 taxes --from Central Excise to levies on gambling will be brought under the GST, which is scheduled to be levied from April 1, 2017. - Sakshi Post

GST Bill brings one tax across India; revenues at $137 billion 

Aug 04, 2016
The GST taxation rate is likely to be 17% or 18%
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