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    <title>Economic Reforms Inclduing GST and Insurance Amendment Bill are on the Anvil: FM; Calls for Large Investment from Domestic and International Investors in Infrastructure Sector</title>
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    <description>Goods and Services Tax and an Insurance Amendment Bill are imminent reforms; the Insurance Amendment Bill is expected in the forthcoming parliamentary session and the draft constitutional amendment on GST will be apprised to the Empowered Committee of State Finance Ministers before introduction in Parliament. State concerns remain on taxation of liquor and petroleum and on excluding entry tax and octroi from GST; these issues are being negotiated with states and the parliamentary select committee. Concurrent measures include proposed procedural changes to the Land Acquisition framework, expanded foreign direct investment in infrastructure sectors, and an ambitious disinvestment programme.</description>
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