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India’s biggest ever tax reform launched

India’s biggest ever tax reform launched

Goods and Services Tax (GST), India's biggest tax reform, was launched at midnight at Parliament's historic Central Hall, by President Pranab Mukherjee and Prime Minister Narendra Modi. . It is the fourth time since Independence that an event was held there at midnight. GST, which replaces a slew of indirect taxes with a unified tax, is set to dramatically reshape the country's 2 trillion dollar economy.

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