Saving And Controlling Your Spending
Goods and services tax may lower burden on consumers

The proposed tax will be one tax, which will cover all levies at the Centre and the state level, including entry tax. Unlike the existing VAT, which is levied only on manufactured goods, GST will also include services and credits will be given. But, slowly states started raising objections as individual finance ministers would lose control over the taxation system and may be unable to give hand-outs.

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