State FMs to meet over Union Budget
State FMs to meet over Union Budget
They are expected to discuss ways in which more economic activities could be brought under the tax net.

New Delhi: Ahead of the Union Budget, Finance Ministers of all the states will be meeting in New Delhi on Saturday. They are expected to suggest steps to increase the ambit of the service tax net.

The ministers have also prepared a negative list and are expected to sort out issues concerning definition of services.

They are also expected to discuss ways in which more economic activities could be brought under the tax net.

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