India finalises new sales tax bills
NEW DELHI: India moved closer on Saturday towards launching a new national sales tax from July after a panel of finance officials finalised two key bills to be put before parliament. The Goods and Services Tax (GST) has missed several launch dates. On Saturday, Finance Minister Arun Jaitley said the measure was on track for a rollout from July 1 with the bills set to be discussed in parliament after it reconvened this week. To meet the deadline, parliament must pass the bills before its current session ends in midApril.