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Economy makes 2013 a year to forget

New Delhi: Slowing growth and rising inflation marked 2013 which the country's economic managers would like to forget quickly in the hope that the new year will bring in new government and some good news.

The growth rate continued to slide throughout the year despite desperate attempts by the government 

SCOURCE

Take a leaf from VAT to get GST ...

Even as the implementation of the Goods and Services Tax (GST) looks like it’s going to flounder yet again, largely on concerns raised by states about potential loss of revenues, it might be pertinent to rewind back in time, when eight years ago, almost identical concerns nearly derailed the implementation of the value added tax or VAT.

http://www.financialexpress.com/news/take-a-leaf-from-vat-to-get-gst-going/1198557

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