India Nears Single Market for First Time on Modi Tax U-Turn
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More than six decades after it achieved independence, India has yet to have a single internal market, with its economy divided up by state taxes on commerce.
That may be about to change, following the reversal by one of the biggest foes of a national sales tax -- Narendra Modi, the prime minister who took office in May. After opposing a goods-and-services tax during his 12 years running Gujarat state, Modi has pulled his ruling party behind the idea and plans to enact it within eight months.