GST Council meet at Vigyan Bhawan begins; to finalize supporting legislations
The crucial Goods and Services Tax (GST) Council meet, headed by Finance Minister Arun Jaitley has commenced at Vigyan Bhavan with the agenda to get the council`s approval on iGST (integrated GST), cGST (central GST) and sGST (state GST) drafts before the second half of the budget session of Parliament that begins on March 9.
Mar 04, 2017, 12:35 PM IST
GST Bill to make peak tax rate 40%, slabs intact for now
The GST levy may go up to 40 percent after the GST Council proposed raising the peak rate in the Bill to 20 percent, from the current 14 percent, to obviate the need for approaching Parliament for any change in rates in future.
Mar 02, 2017, 15:18 PM IST
Centre mulling to 'advance' Winter session for early GST roll out
In a bid to roll out the crucial Goods and Services Tax (GST) from April 1 next year, the Modi government is considering to prepone the Winter session of Parliament to pass the CGST and IGST bills, and pave way for implementation of the new sales tax regime.
Sep 18, 2016, 20:23 PM IST
Assocham for penalty waiver in initial phase of GST rollout
Ahead of the meeting of Empowered Committee of State FMs with industry chambers, Assocham on Friday said it will press for waiver of penalties on unintentional compliance errors which may occur during the initial phase of Goods and Services Tax (GST) implementation.
Aug 26, 2016, 16:35 PM IST
