GST: 1% additional tax dropped; states to get full compensation for first 5 years
The Cabinet on Thursday cleared changes in the GST Constitutional Amendment Bill, dropping 1 percent manufacturing tax and providing guarantee to compensate states for any revenue loss in the first five years of rollout of the proposed indirect tax regime.
Jul 28, 2016, 12:26 PM ISTGovernment takes big step to pass GST bill, eliminates 1% additional tax provision
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Jul 28, 2016, 11:13 AM ISTGST Bill might get approved in this session
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Jul 28, 2016, 11:13 AM ISTCongress forms five-member committee to examine bills, debates in Parl
The Congress on Wednesday formed a five-member committee to examine the ongoing bills and debates in the Parliament on specific issues.
Jul 28, 2016, 09:43 AM ISTBreakthrough: Cabinet approves changes to GST Bill, states to get full compensation for first 5 years
The Union Cabinet on Wednesday approved changes in the GST Constitutional Amendment Bill providing for full compensation to states for first five years of roll out of the new indirect tax regime.
Jul 27, 2016, 20:22 PM ISTGST bill to go to Cabinet soon to include compensation formula
The Finance Ministry will soon move the Cabinet with changes in the GST Constitutional Amendment Bill providing for full compensation to states for first five years of roll out of the new indirect tax regime.
Jul 27, 2016, 17:54 PM ISTState doubts over dual control policy of GST, no common agreement after meeting
State doubts over dual control policy of GST, no common agreement after meeting. Watch complete news story of News Tonight Superfast for getting detailed updates!
Jul 27, 2016, 11:44 AM ISTGST logjam: Centre, states make headway on key issues
Making headway on the long- pending GST Bill, the Centre and States on Tuesday agreed on the principle that the tax rate will be lower than the current levels even as the broad consensus emerged that the rate should not be part of the statute.
Jul 26, 2016, 20:43 PM ISTResolve dual control issue to facilitate GST: Amit Mitra
There is an unanimous agreement among the states about no dual control on businesses with an annual turnover below Rs 1.5 crore and the decision has been conveyed to Union Finance Minister Arun Jaitley, the head of the empowered committee of state Finance Ministers said on Tuesday.
Jul 26, 2016, 20:36 PM ISTGST deadlock: Arun Jaitley to meet state finance ministers today
Finance Minister Arun Jaitley will on Tuesday meet his counterparts in states to discuss proposed amendments to the GST Bill that has been passed by the Lok Sabha but is stuck in the Rajya Sabha.
Jul 26, 2016, 09:01 AM ISTGovt trying to pass GST bill this session: Meghwal
Government is working overtime to build a consensus on the long-pending Goods and Services Tax (GST) bill with the hope of getting it passed during the ongoing Parliament session, Minister of State for Finance Arjun Ram Meghwal said Monday.
Jul 25, 2016, 19:23 PM ISTGST Bill: Arun Jaitley to meet state finance ministers on Tuesday
Finance Minister Arun Jaitley will on Tuesday meet his counterparts in states to discuss proposed amendments to the GST Bill that has been passed by the Lok Sabha but is stuck in the Rajya Sabha, an official source here said.
Jul 24, 2016, 17:11 PM ISTGST bill will continue to rule market sentiments
As foreign funds returned as net buyers of Indian equities, two key market indices -- the sensitive index (Sensex) of the BSE and the Nifty of the National Stock Exchange (NSE) -- rebounded towards the latter part of the week on value buying to close with small losses.
Jul 24, 2016, 14:29 PM ISTGST listing in Rajya Sabha likely this week, Arun Jaitley to meet state FMs
Jaitley, who has been engaged in back-channel negotiations with Congress leaders, will discuss proposed amendments to the GST legislation passed by the Lok Sabha at the meeting of the empowered committee of state finance ministers.
Jul 24, 2016, 11:34 AM ISTModi govt hopeful of GST Bill passage in first week of August
Banking on support from regional parties for passage of the GST Bill, Government on Wednesday expressed hope that the Rajya Sabha will clear the indirect tax reform in the first week of August.
Jul 20, 2016, 12:43 PM ISTArun Jaitley meets Nitish Kumar; to court TRS, TDP leaders for GST
Ahead of the GST test in Rajya Sabha, Finance Minister Arun Jaitley on Tuesday met Bihar Chief Minister and JDU leader Nitish Kumar and is likely to court senior leadership of Andhra Pradesh and Telengana parties -- TDP and TRS -- this weekend.
Jul 19, 2016, 21:02 PM ISTThe earlier GST Bill is passed, the better for states: FM Jaitley
Government on Tuesday urged the Rajya Sabha to pass the GST bill expeditiously to enable states get a share of the Service Tax which is not shared under the provisions of 14th Finance Commission.
Jul 19, 2016, 15:45 PM ISTCongress gives adjournment notice in Lok Sabha over Arunachal crisis
On the second day of the Parliament Monsoon Session, the Congress-led opposition has given an adjournment notice in the Lok Sabha over the Arunachal Pradesh issue.
Jul 19, 2016, 12:47 PM ISTGST hopes brighten as Congress signals support, BJP ready for debate in Rajya Sabha
Sources claimed that there was a possibility of Congress striking a compromise with the Centre on the passing of GST bill after a series of meetings held between its senior leaders and Finance Minister Arun Jaitley over the same.
Jul 19, 2016, 05:42 AM ISTWe will talk to all parties on GST and seek a consensus for its passage: PM Modi
Prime Minister Narendra Modi on Monday said that the government will talk to all parties on GST and seek a consensus for its passage.
Jul 18, 2016, 19:26 PM IST