Home / Knowledge / News / Textiles / Himachal Pradesh becomes 4th state to ratify GST Bill
Himachal Pradesh becomes 4th state to ratify GST Bill
23
Aug '16
Himachal Pradesh legislative assembly has unanimously approved the Constitution (122nd Amendment) Bill pertaining to the Goods and Services Tax (GST) on the first day of the monsoon session. The state is the fourth to ratify the Bill after Assam, Bihar and Jharkhand. The GST Bill needs to be ratified by at least half of the state legislatures.
 
The motion for ratification of the Bill was moved by chief minister Virbhadra Singh in the state assembly. It was approved unanimously without any discussion.
 
Singh told mediapersons that the GST Bill was first brought by the Congress-led UPA government. He termed it as the single biggest tax reform which would help in trade, services and commerce.
 
“Himachal Pradesh, which is a consumer state, will be benefited by the bill. It will help in boosting trade and commerce once it was implemented in the country. All trade and commerce bodies in the state have hailed the bill,” Singh said. (RKS)
 

Fibre2Fashion News Desk – India

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 30th Apr 2017

Government revamping tech mission on cotton

Indian Government is working to revamp the technology mission on...

Apparel/Garments | On 30th Apr 2017

Columbia Sportswear records Q1 net sales of $543.8 mn

Columbia Sportswear Company has announced record net sales of $543.8...

Interviews View All

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X