Government hopeful of passage of GST Bill
Government on Tuesday said it was hopeful that the much-delayed Goods and Services Tax (GST) bill will be passed during the ongoing Budget Session.
Feb 24, 2015, 15:09 PM IST
States want issues to be resolved before GST roll-out
The state finance ministers suggested that the borrowing limits under the FRBM Act should be raised so that could raise money money to finance infrastructure.
Dec 26, 2014, 20:14 PM IST
Jaitley urges India Inc to build public opinion for GST bill
The United Progressive Alliance (UPA) government had introduced a Constitution Amendment Bill in the Lok Sabha towards the introduction of the GST in 2011.
Dec 20, 2014, 15:29 PM IST
Will not allow political obstructionism to derail reforms: FM Jaitley
"The government is extremely determined to go ahead with this (insurance sector) reform and will not allow a Parliamentary disturbance to obstruct or delay a reform of this kind," he said while addressing a Ficci function.
Dec 20, 2014, 12:10 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
GST ammendment Bill tabled in LS; will be win-win situation, says Jaitley
Making a statement in the lower house, finance minister Arun Jaitley said that the government has accommodated concerns raised by the states.
Dec 19, 2014, 16:31 PM IST
GST Bill gets Cabinet nod; likely in Parliament this session
The Bill was approved by the Cabinet late Wednesday evening and it is likely to be tabled in the ongoing winter session of Parliament that concludes on December 23, sources said.
Dec 17, 2014, 21:35 PM IST
Cabinet nod for GST Bill likely today
With states on board, the Cabinet is now likely to approve the Constitutional Amendment Bill on GST Wednesday, paving the way for tabling of the the new legislation in the ongoing winter session of Parliament.
Dec 17, 2014, 17:50 PM IST
Cabinet likely to approve GST Bill today
The revised Bill, which takes into account the deal reached between states and Centres on contentious issues, could be taken up for approval by the Cabinet today, sources said yesterday.
Dec 17, 2014, 09:15 AM IST
Cabinet likely to approve GST Bill Wednesday
With states on board, the Cabinet is now likely to approve the Constitutional Amendment Bill on GST Wednesday, paving the way for tabling of the the new legislation in the ongoing winter session of Parliament.
Dec 16, 2014, 22:04 PM IST
Centre, states break deadlock on GST; bill in current session
In a last minute compromise deal, the Centre Monday night decided to keep petroleum out of GST in return for states agreeing to entry tax being subsumed in the new tax regime proposed from April 2016.
Dec 15, 2014, 20:13 PM IST
Government working overtime to push reforms: Jaitley
India's economic growth rate will accelerate to 6.5 percent next year and 7 percent thereafter, Finance Minister Arun Jaitley said on Friday.
Dec 12, 2014, 14:51 PM IST
RBI Governor Raghuram Rajan's word of caution on 'Make in India' campaign
Rajan said that he was also cautioning against picking a particular sector such as manufacturing for encouragement, simply because it has worked well for China.
Dec 12, 2014, 14:33 PM IST
States oppose GST Bill; compensation, petro remain vexed issues
In a setback to the Centre, states Thursday rejected the draft Goods and Services Tax (GST) Bill saying it does not address their concerns, particularly on entry tax and taxation of petroleum products.
Dec 11, 2014, 16:57 PM IST
Jaitley to meet state FMs tomorrow on GST
The GST will subsume indirect taxes like excise duty and service tax at the central level and VAT and local levies on the states front.
Dec 10, 2014, 12:39 PM IST
Will try to introduce GST Bill in current Parliament session: Jaitley
Finance Minister Arun Jaitley on Monday expressed hope that the much-awaited GST Bill, which provides for a uniform indirect tax structure, would be introduced in the current winter session of Parliament.
Dec 01, 2014, 12:08 PM IST
Will try to introduce GST Bill in current winter session of Parliament: FM Jaitley
Union Finance Minister Arun Jaitley on Monday said that the government will try to introduce GST Bill in the current winter session of Parliament.
Dec 01, 2014, 11:22 AM IST
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