<h1>Maharashtra Assembly Passes GST Bill, Ensures Local Bodies' Compensation for Revenue Losses Over Five Years.</h1> The Maharashtra Assembly unanimously passed the State Goods and Services Tax (GST) Bill during a special legislative session, facilitating the national GST roll-out on July 1. The session, which lasted three days, also saw the passage of bills concerning local authority compensation and the repeal of existing laws. The state government committed to compensating local bodies for revenue losses due to the abolition of octroi and local body tax for five years. The Finance Minister assured that GST would not undermine local financial autonomy and criticized a former Finance Minister from the opposition for his remarks during the session.