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There was continued weakness in private capital expenditure cycle, absence of broader consumption pick-up and sluggish asset quality trends in financials.

Was Q4FY17 able to bring cheer in corporate sector?

"It was huge in both businesses (passenger and commercial vehicles) but not only on us but had huge impact on industry as well," Tata Motors Chief Executive Officer and Managing Director Guenter Butschek told PTI when asked about the impact of demonetisation.

Recovery on after initial demonetisation impact: Tata Motors

Assocham pitch for standard GST rate up to 20% 

GST Bill to be taken up by Lok Sabha on Aug 8; PM Modi likely to intervene 

GST Impact: Luxury cars, FMCG, electronics items to get cheaper; services dearer

GST which is a single tax on the supply of goods and services, right from the manufacturer to the consumer will be a destination based tax.

GST Bill passed: Issues to resolve before April 2017

The Ministry said that the bill was first discussed in the report of the Kelkar Task Force on indirect taxes.

GST Bill: A timeline of events since 2003

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'One nation one tax' to eliminate corruption: Jaitley on GST

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In a report dated July 18, 2016, Sanjeev Prasad, Suvodeep Rakshit and Sunita Baldawa of Kotak Institutional Equities Research said, "India’s high consolidated fiscal deficit remains the single-biggest issue with the economy. While there has been some improvement from the 8-9% levels in FY2009-10 (the years following the global financial crisis), GFD has stubbornly stayed around 7%."

 Hopes on GST to bring down India's fiscal deficit

Indian markets likely to correct after GST clearance: Samir Arora 

The report said the government failed to muster political support on the land acquisition bill in Parliament.

US doubts India's 7.5% growth 

GST bill will benefit the poor people of poor states like Bihar, Uttar Pradesh,&nbsp; Assam and&nbsp;Odissha,&nbsp;PM Modi said.

I will show them what law can do: PM Modi on wilful defaulters

Moody said that, "The announcement is credit positive because it demonstrates a continuation of reform momentum and paves the way for private investment and a boost in productivity.”

FDI norms relaxation by India credit positive: Moody's 

Finance Minister Arun Jaitley has recently claimed that almost all the states have agreed to support GST.

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After the meeting, Jaitley said that except Tamil Nadu, every state has supported the idea of GST. Tamil Nadu has offered some suggestions which have been taken note of, he said.&nbsp;

FM flexible on 1% additional tax, releases draft GST Bill

Discussions on the draft Goods and Services Tax (GST) Bill, including the overall framework, and the Information Technology process of the GST are on the agenda of the two-day discussions,West Bengal Finance Minister Amit&nbsp;Mitra told IANS earlier.

GST model: FM Arun Jaitley, 22 state finance ministers attend meet in Kolkata 

Finance Minister Arun Jaitley will participate in the meeting of Empowered Committee of State Finance Ministers and try to iron out differences over the new regime that will subsume all indirect taxes and create one national market under the Goods and Services Tax (GST).

State finance ministers to discuss model GST law in meet starting June 14 

The brokerage expects the passage of landmark GST Bill later this year and the RBI to deliver a couple of rate cuts during the financial year, which will boost the markets.

Bull case: Morgan Stanley sees Sensex scaling back 30,000-mount by March