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India launches national tax amid business doubts

The Indian government on Saturday launched its biggest fiscal reform ever, promising a stronger economy and less corruption, but many businesses said they were confounded by the new single nationwide tax. Prime Minister Narendra Modi held a special midnight session of parliament to launch the new goods and services tax (GST) which he called "good and simple". The government says the GST will replace up to 500 different taxes imposed nationally and by the country's 29 states.
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