<h1>Union Cabinet Approves Four GST Bills for July 1 Implementation: Central, Integrated, UT, and State Compensation.</h1> The Union Cabinet, led by the Prime Minister, approved four Goods and Services Tax (GST) bills: the Central GST Bill, Integrated GST Bill, Union Territory GST Bill, and the GST Compensation to States Bill. These were previously approved by the GST Council after extensive discussions. The CGST Bill addresses intra-state tax collection, the IGST Bill covers inter-state tax collection, and the UTGST Bill pertains to intra-UT tax collection. The Compensation Bill ensures states are compensated for revenue losses due to GST implementation for five years. The government aims to implement GST by July 1, with outreach efforts planned to educate trade and industry.