For the first time, India's 29 states and 1.3 billion people are united in a common market

Given how few voters enjoy paying them, politicians rarely trumpet the advent of new taxes. But the passage of a new goods-and-services tax in India’s upper house on August 3rd is a deserved exception

For the first time, India's 29 states and 1.3 billion people are united in a common market

Better yet, the GST will be due on the basis of value added

ECONOMIST.COM