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GST to help states get share of service tax, says Jaitley; that’s a slip, tweets Chidambaram

Asked if the Centre plans to increase the share of states from the current 42 per cent to 50 per cent, the Finance minister said, “Till the year 2020, it will be 42 per cent.” Finance Minister Arun Jaitley on Tuesday asked the Rajya Sabha to pass the GST Bill to enable states get a share of the Service Tax. “As per the 14th Finance Commission, se…


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