Goods and Services Tax can be increased in Union Budget 2017
Goods and Services Tax can be increased in Union Budget 2017
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New Delhi: Finance Minster Arun Jaitley will present the Union Budget of 2017-18 in Parliament tomorrow. It is expected that he can increase the rate of Goods and service Tax by 16-18 percent which is, for now, is 15 percent.

If it happens then there will be the effect on the life of citizens who use facilities like phone, Airways, Restaurants. It is also expected that the Good and Service Tax will be in order from July.

Also Read: Budget 2017: President Pranab Mukherjee to address the joint session of Parliament

For the very first time, the Union Budget in Parliament is presented on February 1 instead of 28 February. This time in the budget, rail budget is also merged.

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