The exemption from MAT does not apply retroactively.
The output had expanded 1.8 per cent year-on-year in January.
Investors and manufacturers have long advocated the GST.
The move will likely attract more retail investors.
IMF MD Christine Lagarde hailed the government's latest Budget.
Wholesale prices fall 2.06% in February.
Exports in February fell to $21.55 billion compared with $25.35 billion a year ago
Will RBI chief have the final say, in the form of a veto
Government, RBI sign pact to target CPI at 4%.
Jaitley promised higher investment in roads and railways.
Arun Jaitley presented the Union Budget in Parliament on Saturday.
Inflation is on a declining trend, Eco Survey stated.
India's decrepit state-run train services stand to receive at least a 25 percent boost in investment to over $9 billion.
India's decrepit state-run train services stand to receive at least a 25 per cent boost in investment to over $9 billion.
Narendra Modi has made it easier for businesses to buy farm land.
Total subsidy bill could come down to around Rs 2 trillion.
A collapse in global oil prices has unleashed a wave of monetary easing.
Search is on for reliable indicators of underlying activity.
India's latest GDP numbers do not signal robust economic growth in near term.
FM is seen to step up the pace of sales of state assets and curb spending
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