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

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Courtesy: Bombay Dyeing

Textiles | On 3rd Dec 2016

Bombay Dyeing to focus on retail; stops textile production

Bombay Dyeing, a Wadia group company, has decided to shift its focus...

Apparel/Garments | On 3rd Dec 2016

Q3FY17 net earnings slip 26.8% at denim retailer Guess

In the three months ended October 29, 2016, net earnings at denim...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Silvia Venturini Fendi
Fendi s.r.l

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search