GST Bill: Traders want PM Modi to hold special session
The Confederation of All India Traders (CAIT) has called upon the Prime Minister to convene a special session of Parliament soon to pass the deadlocked GST Bill and has asked parties not to play a "political innings" on the issue.
Aug 17, 2015, 23:12 PM ISTUse postponement period to fix transitional probs: Shome on GST
Former chairman of Tax Administrative Reforms Commission Parthasarathi Shome Monday said government should utilise the postponement period to fix transitional issues relating to Goods and Service Tax (GST).
Aug 17, 2015, 22:45 PM ISTIn run-up to GST, FinMin rechristens Service Tax directorate
Even as the Modi government is yet to cross the Parliamentary hurdle before it can roll out a uniform tax regime, it has rechristened Mumbai-based Directorate General of Service Tax as Directorate General of Goods and Service Tax (DGGST), and shifted it to Delhi.
Aug 16, 2015, 19:41 PM ISTVery optimistic on passage of GST, other bills: Sitharaman
Government on Friday said it is 'very optimistic' of getting the much stalled reform bills like GST passed in Parliament despite strident disruptions by the Congress seen in the just ended Monsoon Session.
Aug 14, 2015, 17:28 PM ISTSensex sinks 354 points; extends rout on yuan, reform worries
The NSE Nifty index went below the crucial 8,400-mark before settling lower 112.90 points, or 1.33 percent, at 8,349.45.
Aug 12, 2015, 17:15 PM ISTGST 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 ISTGovernment introduces GST Bill in Rajya Sabha amid ruckus
Amid ruckus by opposition members in the Rajya Sabha, Finance Minister Arun Jaitley on Tuesday introduced a constitutional amendment bill to enable implementation of goods and services tax (GST) in the country.
Aug 11, 2015, 16:10 PM ISTGST Bill: 10 Key facts you should know
GST is expected to streamline the taxation system and cut down multiplicity of compliance and cascading effect of taxes.
Aug 11, 2015, 09:31 AM ISTGovt introduces GST Bill for passage in Rajya Sabha
The government on Tuesday introduced the much-awaited bill on GST for passage in the Rajya Sabha even as doubts persists if the opposition Congress will allow passage of the Constitution Amendment Bill.
Aug 11, 2015, 09:06 AM ISTGovt lists GST Bill for passage in Rajya Sabha on Tuesday
The Revised List of Business of Rajya Sabha said Finance Minister Arun Jaitley will move the Constitution (One Hundred and Twenty-second Amendment) Bill, 2014, incorporating recommendations made by a House Select Committee.
Aug 10, 2015, 21:25 PM ISTKeep 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 ISTArun 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 ISTParliamentary 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 ISTGST 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 ISTReasonable 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 ISTFinMin 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 ISTGovt clears GST amendments, states to be compensated for 5 years
The Cabinet decided that the modalities for levy of 1 percent tax over and above the GST rate by states as well as the 'band' rate would be finalised while framing the rules, sources said.
Jul 29, 2015, 20:55 PM ISTCabinet approves amendments to GST Bill
The Union Cabinet on Wednesday approved amendments as proposed by Rajya Sabha Select Panel on GST Constitution Amendment Bill.
Jul 29, 2015, 20:27 PM ISTRajya Sabha panel endorses majority provisions of GST Bill
The bill, which has already been approved by Lok Sabha, will now have to be taken up for passage in the Upper House.
Jul 22, 2015, 13:26 PM ISTNifty holds 8,600-level ahead of monsoon session
The Nifty Monday witnessed volatility after its three session gain, though managed to recover most of its losses to end marginally lower by 6.40 points to 8,603.45 at the National Stock Exchange (NSE).
Jul 20, 2015, 23:19 PM IST