The government plans to keep the central good and services tax (GST) concessional rate for goods at 6 percent in 2011/12, Finance minister Pranab Mukherjee said in a speech on Wednesday.The GST, India's most ambitious tax reform, was to have been implemented from April 1, but disagreements with states meant the federal government could not meet that deadline.The government hopes to introduce a legislation to usher in GST during the parliament session that begins on Monday, officials have said.(Reporting by Rajesh Kumar Singh and Abhijit Neogy; editing by Surojit Gupta)News posted by www.newsinfoline.com
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