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Wireless companies saw their stocks jump after the House of Representatives voted to approve a bill freezing state and local taxes on wireless services for five years.

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The Goods and Services Tax will be delayed due to political interruptions as per CFOs of India. According the Yes Bank survey, around three fourths of CFOs have said that the important reform might be levied by next year.

The Goods and Services Tax has proven as trending point of the country. After over the winter session, political interference is being seen on the GST yet. Now The ruling BJP's chief leader and FM Arun Jaitely said that opposition will loss their majority in next session, therefore we will get a good chance to roll out the Bill in the Rajya Sabha.

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Mayawati on Monday taken a side of NDA Government's proposed legislation on (GST) and slammed the BJP Government for Intolerance in the country.

The Indian Government may scrap the Inter-State Tax of 1% to roll-out the GST Bill. Congress also wants to remove the this additional tax of sale.

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