GST rollout difficult from April if bill not passed now: Mani
It will become "very difficult" to roll out the new indirect tax regime by the April 2016 target if GST bill is not passed in the current session of Parliament, Chairman of Empowered Committee of State Finance Ministers K M Mani said Tuesday.
Aug 11, 2015, 19:29 PM IST
Keep agri-produce out of GST ambit: PHD Chamber
Arguing that expenses related to food constitute a sizeable portion of lower-income households, PHD Chamber Friday said that agriculture and agri-produce including food processing industry should be kept out of GST.
Aug 07, 2015, 21:54 PM IST
Arun Jaitley regrets delay in GST rollout
Citing slowdown in China, Finance Minister Arun Jaitley Wednesday said India has a chance to become a global manufacturing hub but regretted that Congress was not allowing GST rollout which alone could push GDP by 1 to 2 percent.
Aug 05, 2015, 22:02 PM IST
Parliamentary logjam holding up GST, other key bills: CII
Continued logjam in Parliament is delaying passage of key Bills like GST, which are crucial for economic growth, industry body CII said Tuesday.
Aug 04, 2015, 17:01 PM IST
GST a Congress Bill, party's negativism hurting economy: Arun Jaitley
Racing against time to get the GST bill cleared from Parliament, Finance Minister Arun Jaitley Sunday attacked the Congress for blocking the legislation that it had itself brought in and said 'obstructionist' tendencies and negativism were hurting the country and its economy.
Aug 02, 2015, 14:39 PM IST
Reasonable rates are key to success of GST: Government
As union cabinet approved changes to the GST Bill suggested by a Rajya Sabha committee, the government on Thursday said it is currently working on the rates to be implemented for the proposed reforms to India`s indirect tax regime.
Jul 30, 2015, 15:50 PM IST
FinMin working for a reasonable GST rate: Revenue Secy
A day after Cabinet approved incorporation of changes in the landmark GST Bill as suggested a Rajya Sabha Select panel, Finance Ministry Thursday said it is working closely on a "reasonable" GST rate.
Jul 30, 2015, 11:20 AM IST
GST can be an enabler for Make in India initiatives: Assocham
Industry body Assocham Monday came out with a set of recommendations on the proposed Goods and Services Tax (GST), saying the rollout may lead to around 1 percent rise in India's GDP growth.
Jul 20, 2015, 21:29 PM IST
Rajya Sabha panel adopts report on GST; Congress files dissent
A Rajya Sabha Select Committee Monday adopted a report endorsing majority provisions of the GST Bill after the Centre agreed to compensate states for revenue loss for 5 years even as Congress filed a dissent note.
Jul 20, 2015, 19:58 PM IST
Parl panel readies report on GST, govt gives in on major demand
The report will be considered by the Select Committee of Rajya Sabha Monday when it is expected to be adopted for presentation in Parliament which convenes on Tuesday.
Jul 19, 2015, 19:12 PM IST
Microsoft, TCS, Infosys and others bid for building GST Network
Five IT companies, including Microsoft, TCS and Infosys, have bid for building the GST network across the country for smooth roll out of the new indirect tax regime.
Jul 17, 2015, 19:25 PM IST
States demand full compensation for 5 years after GST rollout
States Thursday pressed for Centre compensating fully for the loss of revenue in the first five years of GST replacing their taxes, a position that may create hurdle in plans for roll out of new tax regime from next year.
Jun 04, 2015, 21:08 PM IST
State FMs to meet Thursday to discuss GST rate
The Empowered Committee of State Finance Ministers, headed by K M Mani, will meet here Thursday to deliberate on the revenue neutral rate, besides other issues, for smooth roll out of Goods and Services Tax (GST).
Jun 03, 2015, 22:52 PM IST
GST will have double positive impact in transport sector: Study
The ambitious Goods and Services Tax (GST) would help the transportation sector in improving its efficiency besides reducing the logistics cost, a study has said.
Jun 02, 2015, 17:44 PM IST
Govt confident of GST, land bill passage
Government on Friday exuded confidence that land bill will be passed in the next Parliament session, saying "the numbers are very clear".
May 22, 2015, 15:56 PM IST
Prabhu seeks support of political parties to pass GST bill
Railway Minister Suresh Prabhu has sought support of all political parties to make India the single largest market in the world by implementing the Goods and Service Tax (GST) in the country.
May 17, 2015, 16:13 PM IST
FDI up 40% in FY'14-15, hopeful on GST rollout: FM Jaitley
Finance Minister Arun Jaitley said on Thursday that foreign direct investment into India in 2014-15 had risen by 40 percent over the previous fiscal and hoped that the indirect tax reform that investors are looking to would happen by the next April deadline for the GST Bill.
May 14, 2015, 22:18 PM IST
Govt committed to passage of GST Bill in July: FM Jaitley
The GST Bill, which was approved by the Lok Sabha, could not pass muster in the Rajya Sabha and was referred to the select committee for scrutiny.
May 13, 2015, 23:15 PM IST
GST Bill coming up before Rajya Sabha on Monday
The government is set to bring on Monday the Goods and Services Tax (GST) bill, aimed at reforming of India`s indirect tax regime, before the Rajya Sabha, where some opposition parties led by the Congress want its vetting by the Select Committee.
May 10, 2015, 17:09 PM IST
GST to boost growth rate by 1.5 percentage points: Industry
Welcoming the passage of GST Bill in the Lok Sabha, industry and experts said roll out of the new tax regime would add 1.5 percentage points to the economic growth and create a common market across the country.
May 06, 2015, 18:02 PM IST
