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
Congress to file dissent, as Parl panel readies report on GST bill
The Committee, headed by Bhupender Yadav, is likely to finalise its report in the next meeting on Monday.
Jul 17, 2015, 18:56 PM IST
RS panel discusses GST Bill, differences emerge on 2 clauses
Sources said the Congress at today's meeting of the Select Committee pushed for a "pure GST" with states not being given powers to impose one per cent additional tax over and above the GST rate.
Jul 10, 2015, 22:42 PM IST
Select panel on GST Bill to submit report next month
A Parliamentary panel will in the second week of July submit its report on the Goods and Services Tax Bill, which is stuck in the Rajya Sabha, Finance Minister Arun Jaitley said on Thursday.
Jun 18, 2015, 23:57 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 today to discuss GST rate
The Empowered Committee of State Finance Ministers, headed by K M Mani, will meet here on Thursday to deliberate on the revenue neutral rate, besides other issues, for smooth roll out of Goods and Services Tax (GST).
Jun 04, 2015, 09:20 AM IST
Confident of GST's implementation by next April: Jaitley
Union Finance Minister Arun Jaitley Monday said he was confident that Goods and Services Tax regime would come into force from April 2016.
May 25, 2015, 22:39 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
Bill on GST referred to Select Committee
A Constitution Amendment bill providing for roll out of long-pending GST was on Tuesday referred to a Select Committee after opposition insisted on its legislative scrutiny of the proposed legislation in Rajya Sabha where the government faces the numbers crunch.
May 12, 2015, 18:20 PM IST
GST will make India single largest market globally: S Prabhu
Pitching for support from political parties on the goods and service tax, Railways Minister Suresh Prabhu on Tuesday said the comprehensive indirect tax reform will make India single largest market in the world.
May 12, 2015, 15:31 PM IST
GST Bill goes to select committee of Rajya Sabha
Government is likely to inform Parliament in this regard after firming up the decision on the two issues at a meeting of BJP Parliamentary Party on Tuesday morning, party sources said.
May 12, 2015, 09:08 AM IST
GST Bill to come up before Rajya Sabha today, Congress may target Gadkari
The Congress might also continue to raise its demand for senior minister Nitin Gadkari's resignation in connection with a CAG report on Purthi Group with which the minister was associated.
May 11, 2015, 09:08 AM 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 Bill should be sent to Select Committee: Manmohan Singh
The passage of the bill however seems unlikely in this session.
May 09, 2015, 19:51 PM IST
IMF welcomes passing of GST by Lok Sabha
International Monetary Fund (IMF) on Thursday welcomed passage of the long-pending Goods and Services Tax (GST) by the Lok Sabha, saying it will lead to long-term sustainable growth in the country.
May 07, 2015, 18:38 PM IST
GST Bill not to be tabled in Rajya Sabha today?
“GST is an important bill and is in the interest of nation. The nation is welcoming it,” said Venkaiah Naidu, Minister of Urban Development on Thursday.
May 07, 2015, 09:08 AM IST
GST Bill: 10 key facts you should know
The GST subsumes various central indirect taxes including the Central Excise Duty, Countervailing Duty, Service Tax, etc. It also subsumes state value added tax, octroi and entry tax, luxury tax, etc.
May 06, 2015, 18:28 PM IST
