Goods and Service Tax

There are "101 counts" on which GST bill should be sent to Parl panel: Moily

Congress leader Veerappa Moily Tuesday said the Goods and Services Tax (GST) Bill was "revolutionary" but insisted there are "101 counts" on which it should be sent to Parliamentary Standing Committee for wider consultations of some of its provisions.

May 05, 2015, 22:51 PM IST

Earning numbers to guide markets; land, GST bills eyed too

Stock markets, which have been on a downward spiral for the last few weeks, would look at the next batch of quarterly earning numbers and proceedings in Parliament for further cues, say experts.

May 03, 2015, 11:39 AM IST

GST Bill likely to be taken up in Lok Sabha next week

Hopeful of support from some opposition parties, the government is likely to take up the Constitutional amendment bill for the roll-out of GST next week in the Lok Sabha for consideration.

Apr 28, 2015, 21:50 PM IST

Need to build consensus among states on GST: Mani

GST Empowered Committee Chairman K M Mani Monday said the new indirect tax regime will boost India's economy and the panel of state finance ministers needs to build a consensus among all states on the contentious matters before April 1, 2016 - the deadline for launching Goods and Services Tax.

Apr 27, 2015, 22:12 PM IST

GST Bill to be taken up by Lok Sabha today

The long-pending Bill on Goods and Services Tax (GST), moved in the Lok Sabha amid stiff resistance by several Opposition parties, would be taken up for consideration and passing Monday.

Apr 26, 2015, 13:32 PM IST

GST Bill likely to be tabled in Lok Sabha Friday

With most states on board, the government proposes to take up for consideration and passage a Constitution Amendment bill in the Lok Sabha Friday to roll out the Goods and Services Tax (GST).

Apr 23, 2015, 19:16 PM IST

GST Bill in current form not acceptable: Tamil Nadu

Expressing its opposition to the GST Constitution Amendment Bill, Tamil Nadu Wednesday said the Centre's proposal for resolving issues concerning new indirect tax regime through a GST Council was not acceptable to it.

Apr 22, 2015, 18:53 PM IST

GST Bill in Parliament in couple of days: FM Jaitley; not all issues resolved

Aiming for GST roll out by April 2016, the government will move the Constitution Amendment Bill in Parliament within a couple of days, even as compensation and revenue loss to manufacturing states lacked consensus at a meeting held Wednesday.

Apr 22, 2015, 16:06 PM IST

Arun Jaitley to meet state FMs Wednesday on GST roadmap

Finance Minister Arun Jaitley will meet his state counterparts Wednesday to discuss the roadmap for rolling out Goods and Services Tax (GST) from April 2016.

Apr 21, 2015, 23:58 PM IST

Centre, states working on new GST rate: Revenue Secy

As the government gears up to roll out Goods and Services tax (GST) by April 2016, the Centre and the states are working on a new revenue neutral rate, which is currently pegged at 27 percent.

Apr 20, 2015, 18:02 PM IST

Govt to move GST Bill in Lok Sabha in next few weeks: Jaitley

Finance Minister Arun Jaitley on Monday said that the government will move GST Constitutional Amendment Bill in Lok Sabha in next few weeks.

Apr 06, 2015, 11:16 AM IST

OECD pins high hopes on GST; recommends flexible labour laws

Economists at the Organisation of Economic Co-operation and Development (OECD) Thursday called for reforms in tax regimes and labour laws to give a fillip to the manufacturing sector and the overall Indian economy.

Feb 19, 2015, 19:47 PM IST

GST to become a reality by 2016: Amit Shah

BJP president Amit Shah, who Sunday welcomed over 100 corporate leaders into the party, said he was confident that Goods and Services Tax (GST) will become a reality by 2016, a party release said.

Feb 02, 2015, 00:22 AM IST

Will try to keep perishable agri-products outside GST: Badal

The government had introduced the GST bill on December 19 in the Lok Sabha.

Jan 09, 2015, 20:15 PM IST

All states in favour of early roll-out of GST: FM

All states are in favour of early roll-out of Goods and Service Tax (GST), Finance Minister Arun Jaitley said on Friday.

Dec 26, 2014, 18:15 PM IST

GST will benefit states; govt will compensate for any loss: Arun Jaitley

Finance Minister Arun Jaitley on Monday assured the states that the Goods and Service Tax would benefit them especially the consumer states.

Dec 22, 2014, 18:11 PM IST

GST Bill introduced in LS, to pave way for single tax regime

Aimed at creating a single tax for goods and services across the country, government introduced the long-pending GST Bill in the Lok Sabha.

Dec 19, 2014, 21:34 PM IST

GST is single biggest tax reform since 1947: Arun Jaitley

Touting it as the "single biggest tax reform" since independence, Finance Minister Arun Jaitley today said the GST law will subsume all indirect levies including entry tax from April, 2016, which will ensure seamless flow of goods and services across the country.

Dec 19, 2014, 19:06 PM IST

GST Bill to be taken up in next Parliament session: Jaitley

The GST Bill, which will bring the "single biggest tax reform since Independence", will be taken up in the next Parliament session, Finance Minister Arun Jaitley said on Friday while asserting that concerns of all states have been take care of in the new measure.

Dec 19, 2014, 18:48 PM IST

Revenues of states not to come down due to GST: Arun Jaitley

Finance Minister Arun Jaitley on Friday said that the government has accommodated concerns of states on petroleum products.

Dec 19, 2014, 17:42 PM IST