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
GST rate will be much more diluted than 27%: FM Jaitley
Revenue Neutral Rate (RNR) is the rate at which there will be no revenue loss to the states after GST implementation.
May 06, 2015, 15:32 PM IST
Lok Sabha passes GST Constitutional Amendment Bill
The proposed GST would harmonise a mosaic of state and central levies into a national sales tax which business and policy makers hope would boost manufacturing and reduce corruption.
May 06, 2015, 13:11 PM IST
GST Bill in Lok Sabha today, BJP issues whip
The BJP has issued whip for its MPs to be present during the Constitutional amendment for the GST Bill today in the Lok Sabha.
May 06, 2015, 10:05 AM IST
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
GST Bill taken up in Lok Sabha, fate uncertain in Rajya Sabha
Opposition members insisted that bill be referred to the Standing Committee on Finance as it was a new bill as opposed to the one brought by the UPA government.
May 05, 2015, 19:20 PM IST
Speaker rejects Opposition demand to send GST Bill to Parl panel
The long-delayed GST Bill was taken up for consideration in the Lok Sabha Tuesday after the Speaker rejected Opposition demands to refer the key reform measure to a parliamentary Standing Committee.
May 05, 2015, 16:17 PM IST
Congress supports GST but wants Bill to be sent to Parl panel
After several adjournments since morning, the Lok Sabha on Tuesday took up the GST Bill after the Speaker rejected the demand for referring it to Standing Committee.
May 05, 2015, 15:38 PM IST
GST Bill in Parliament today, Trinamool pledges support
"Standing Committee and Select Committee have already taken a view on the measure. So there is no point sending it again to the Standing Committee," Trinamool Congress leader Derek O' Brien said.
May 05, 2015, 08:39 AM 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
Govt hopeful of getting GST Bill passed in LS next week
The government is hopeful of getting the GST Constitution Amendment Bill passed in the Lok Sabha next week, paving the way for implementation of the new indirect tax regime from April 2016.
May 01, 2015, 14:36 PM 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
Jayant Sinha doesn't see any opposition to GST
The long-pending Goods and Services Tax (GST) Bill was on Friday moved in the Lok Sabha for consideration amid stiff resistance by several Opposition parties.
Apr 25, 2015, 20:57 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
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
New GST panel chairman in a few days: Jaitley
The Empowered Committee of State Finance Ministers will have its new chairman by consensus in the few days as the Centre gets ready to take up the GST Bill for consideration and passage in the next leg of Budget session beginning April 20.
Mar 20, 2015, 21:13 PM IST
