GST Bill

Special one-day session of Bihar Legislature today to ratify GST

A special one-day session of both the Houses of Bihar Legislature has been scheduled for Tuesday (August 16) for ratification of the Constitution Amendment Bill on GST.

 

Aug 16, 2016, 09:04 AM IST

Will keep inflation in check, stay away from populism: PM Narendra Modi

Modi said his government has not allowed the rate of price rise to cross 6 percent as opposed to the double digit inflation during previous government.

Aug 15, 2016, 18:06 PM IST

GST will strengthen economy, all parties to be thanked for its passage: PM Modi

Prime Minister Narendra Modi on Monday said the pan-India Goods and Services (GST) tax regime will strengthen the Indian economy and thanked all political parties for the passage of the relevant bill to initiate the process.

Aug 15, 2016, 09:37 AM IST

Assam becomes first state to ratify GST Bill

The Assam Assembly on Friday passed the Goods and Services Tax (GST) Bill to rollout the new tax regime with a slew of preparatory action.

Aug 12, 2016, 12:26 PM IST

Delhi may be first state to ratify GST Bill, calls assembly session from Aug 22

Delhi is likely to be the first state in the country to ratify the Goods and Services Tax (GST) Amendment Bill, with Home Minister Satyendra Jain on Tuesday saying the Delhi Government will convene an assembly session from August 22 to Bill passed by Parliament.

Aug 09, 2016, 10:51 AM IST

GST good but tax rate should not exceed 18%: Rahul Gandhi

Congress Vice President Rahul Gandhi on Monday said that the passage of the Goods and Services Tax (GST) bill is a good step but there should be a cap of 18 per cent on its rate.

Aug 09, 2016, 00:24 AM IST

PM Narendra Modi addresses Lok Sabha on GST Bill - Part 3

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Aug 09, 2016, 00:03 AM IST

PM Narendra Modi addresses Lok Sabha on GST Bill - Part 2

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Aug 09, 2016, 00:02 AM IST

PM Narendra Modi addresses Lok Sabha on GST Bill - Part 1

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Aug 09, 2016, 00:01 AM IST

Parliament passes GST Bill; PM Modi says it will end 'tax terrorism', make consumer 'king'

After a six-hour debate, the Lower House passed the bill with all the 443 members present voting in favour after AIADMK members staged a walkout while opposing the measure.

Aug 08, 2016, 23:20 PM IST

GST to reduce tax evasion; rate to be kept at minimum: FM Jaitley

The tax rate under the GST regime will be kept at "minimum workable rate" as no state government can annoy its people by having a higher rate, Finance Minister Arun Jaitley said Monday in the Lok Sabha which passed the historic legislation to amend the Constitution.

Aug 08, 2016, 21:39 PM IST

GST will end tax terrorism, make consumer the king, says PM Modi

Expressing gratitude to all parties for support, Prime Minister Narendra Modi on Monday described GST as a "crucial step" towards ending tax terrorism besides reducing corruption and black money and said the new regime of indirect taxation will make consumer the "king".

Aug 08, 2016, 20:32 PM IST

India Inc hails GST Bill passage in Lok Sabha, hopes for April 1 rollout

Hailing the passage of GST Bill in Lok Sabha, India Inc on Monday said it sees a possibility of rollout of the indirect tax reform from April 1, ushering in more investments and boosting the country's economic growth.

Aug 08, 2016, 20:17 PM IST

Lok Sabha unanimously passes GST Constitutional Amendment Bill

Tabled in the Lower House for debate after the GST Constitutional Bill was passed by the Upper House, all 443 member present in the house voted in favour of the bill.

Aug 08, 2016, 20:14 PM IST

Why did you oppose GST as Gujarat CM, Kharge asks PM Modi

Congress leader in the Lok Sabha Mallikarjun Kharge on Monday bluntly asked BJP leaders, including Prime Minister Narendra Modi, on why their party had opposed the GST Bill when the UPA was in power, with Modi, then Gujarat Chief Minister, terming it "anti-states".

Aug 08, 2016, 19:12 PM IST

GST Bill debate in Lok Sabha: As it happened...

Thanking the Congress and all political parties for their support in passing the bill, PM Modi said national interest was higher than political interest and that the GST Bill was one big step towards the pursuit to fight and end tax terrorism.

Aug 08, 2016, 17:52 PM IST

Serious differences between Centre, states on finalising GST tax rate structure: P Chidambaram

In the latest, former Union Minister P Chidambaram on Sunday said there are "serious differences" between the Union Government and state Finance Ministers on finalisation of the GST tax structure and that he did not think they were anywhere near an agreement on what the standard rate should be.

Aug 07, 2016, 23:35 PM IST

GST implementation not before April 2018: Deutsche Bank

According to the global financial services major, though the government would ideally like to launch GST from April 2017, it is unclear whether administrative and technological set-up required to make the transition will be up and running by then.

Aug 07, 2016, 16:07 PM IST

Implementation of GST to give job market a fillip: Experts

GST rollout across the country will improve ease of doing business and encourage industries to expand their operations, which in turn will help boost job opportunities, experts say.

Aug 07, 2016, 16:04 PM IST

India Inc wants GST rate below 20% to keep inflation in check

A large section of India Inc wants to keep the standard GST rate below 20 percent, and services like telecom, banking, healthcare and railways to be included in the 'merit' list to keep inflation in check.

Aug 07, 2016, 16:02 PM IST