India's tax reform

Timeline: Long journey of GST Bill

The Goods and Service Tax Bill, technically called the Constitutional (One Hundred and Twenty-Second Amendment) Bill, 2014, was introduced for discussion in the Rajya Sabha on Wednesday.

Aug 03, 2016, 20:15 PM IST

Barring AIADMK, GST gets widespread support

The Goods and Services Tax (GST) bill appeared to be headed for smooth passage in the Rajya Sabha as nearly all major parties, barring the AIADMK supported the bill during the debate.

Aug 03, 2016, 20:15 PM IST

Implementing GST is still a long road ahead

Even after Rajya Sabha`s consent to a pan-India goods and services tax regime, vide a Constitution amendment bill, it may still take months before this major indirect tax reform is implemented, experts said, explaining the steps ahead:

Aug 03, 2016, 20:14 PM IST

GST will see better tax compliance on robust IT infra: Govt

GST will result in better tax compliance due to a robust IT infrastructure and consumers will be benefited as the overall tax burden on most commodities will come down, the government said today.

Aug 03, 2016, 19:44 PM IST

GST rate should not be too high, says Amit Mitra

West Bengal Finance Minister and chairman of Empowered Committee of State Finance Ministers on GST Amit Mitra said the rate of tax which would be levied was not a part of the Constitutional amendment bill.

Aug 03, 2016, 18:11 PM IST

GST bill taken up in Rajya Sabha; Jaitley calls it one of the most significant tax reforms in India

Main opposition Congress and most other parties, except AIADMK, on Wednesday expressed support, with certain conditions, to the introduction of GST in the country as the Rajya Sabha took up the much-delayed bill to amend the Constitution for allowing the measure.

Aug 03, 2016, 16:47 PM IST

GST: What may become dearer and cheaper

With the Rajya Sabha passing the historic GST Bill on Wednesday, here is a list of things that could become cheaper or dearer.

Aug 03, 2016, 15:57 PM IST

Cap GST rate at 18%, insists Cong

Congress leader P. Chidambaram said on Wednesday that the Goods and Services Tax (GST) Bill should be passed after serious debate as it was far too important a measure to be passed on a partisan basis.

Aug 03, 2016, 15:04 PM IST

Rajya Sabha passes historic GST Amendment Bill: As it happened...

The Constitution (122nd Amendment) Bill, 2014, which lays the ground for roll-out of Goods and Services Tax regime will subsume all indirect taxes, including central excise duty and state VAT/sales tax.

Aug 03, 2016, 13:29 PM IST

GST Bill to be tabled in Rajya Sabha today, Modi govt hopeful about passage of India's biggest tax reform

The expected passage of a key constitutional amendment would resolve crucial issues needed to transform India's USD 2 trillion economy and 1.3 billion consumers into a single market for the first time.

Aug 03, 2016, 08:57 AM IST

GST rollout: How India's biggest tax reform will benefit economy

The much-delayed GST rollout can help boost the India's GDP growth by 1 to 2 percent as this will help faster and cheaper movement of goods across the country with a uniform taxation structure.

Jul 18, 2016, 09:43 AM IST