Maharashtra CM thanks parties for ratifying GST bill

Image
Press Trust of India Mumbai
Last Updated : Aug 29 2016 | 10:22 PM IST
Maharashtra Chief Minister Devendra Fadnavis today thanked all political parties for ratifying the GST bill during a day-long special session of the state legislature held here.
Both Houses of the legislature unanimously passed the Goods and Services Tax (GST) Constitutional Amendment Bill, approved by Parliament earlier this month, after a debate.
With this, Maharashtra, an economic powerhouse which leads in industrial development, has joined nearly a dozen states which have already completed this exercise.
"It is a historic day in Maharashtra's legislature as both Houses unanimously ratified the GST Bill in a special session.
"I'm thankful to all parties for supporting GST Bill in both Houses and I'm glad as we all united today for nation's growth and development," Fadnavis said.
"Investors will now be able to experience a predictable tax regime and so GST Bill will be of great help to a progressive State like ours," he tweeted.
"One Nation. One Market. One Tax. Biggest ever economic reform in India!," Fadnavis said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 29 2016 | 10:22 PM IST

Next Story