India's Union Cabinet yesterday, December 17, 2014, approved a constitutional amendment bill to provide the legal framework for rolling out a nationwide goods and services tax (GST). The today Supreme court has dismissed the plea of staying government's approach of introducing coal mines (special provisions) bill through ordinance. This news confirms the implementation of coal mines bills either through legislation in parliament or through ordinance. Companies related to metals, mining and electricity could surge up tomorrow. Stock Tips
India's Union Cabinet yesterday, December 17, 2014, approved a constitutional amendment bill to provide the legal framework for rolling out a nationwide goods and services tax (GST). The today Supreme court has dismissed the plea of staying government's approach of introducing coal mines (special provisions) bill through ordinance. This news confirms the implementation of coal mines bills either through legislation in parliament or through ordinance. Companies related to metals, mining and electricity could surge up tomorrow.
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