- Home
- slideshows
- finance
- Lok Sabha passes GST Bills. Here’s what will happen next
Lok Sabha passes GST Bills. Here’s what will happen next
Here's what will happen next
![Lok Sabha passes GST Bills. Here’s what will happen next](/_next/image?url=https%3A%2F%2Fstaticbiassets.in%2Fthumb%2Fmsid-57910278%2Cwidth-700%2Cheight-525%2Cimgsize-72624%2Fheres-what-will-happen-next.jpg&w=3840&q=75)
Here's what will happen next
![Here](https://staticbiassets.in/thumb/msid-57910264,width-700,height-525,imgsize-140611/heres-what-will-happen-next.jpg)
The GST council, which comprises members from Centre and the states headed by Jaitley, will meet to discuss the detailed rules for single tax. They had finalised a four-tier tax structure of 5%, 12%, 18% and 28%, but the highest slab has been pegged in the law at 40%. Now, they will decide item-wise tax.
Here's what will happen next
![Here](https://staticbiassets.in/thumb/msid-57910272,width-700,height-525,imgsize-98511/heres-what-will-happen-next.jpg)
GST Bill will be introduced in states and assemblies will have to pass it.
Here's what will happen next
![Here](https://staticbiassets.in/thumb/msid-57910267,width-700,height-525,imgsize-60178/heres-what-will-happen-next.jpg)
Indian Government is planning a slew of initiatives to make India ready for GST rollout from July 1 onwards. They are ensuring states are well-prepared with the GST regime and how to implement it.
Popular Right Now
Advertisement