NEWS: Goods tax may be delayed a few months.

from BUSINESS LINE, October 31, 2009 New Delhi, Oct. 30 - The Finance Minister, Mr Pranab Mukherjee, on Friday hinted at some slippage to the scheduled Goods and Services Tax (GST) system rollout by April 1, 2010.

Introduction of the GST, billed as a flagship tax reform measure of the UPA Government, is considered crucial for attracting increased doses of domestic and foreign investments.

"I am trying to stick to the time schedule, but I will not be surprised if there is a slippage of a few months," Mr Mukherjee said at an event organised by a newspaper in the capital.

He said that the Centre and the States had agreed on many issues relating to the new tax …