Government may table 4 GST bills in Parliament today: Minister New Delhi: The government may table four GST supplementary legislations in Parliament today, a union minister said. We can do it today as well. A meeting on GST will be chaired by Finance Minister Arun Jaitley today, Minister of State for Finance Arjun Ram Meghwal said when asked about tabling of the four GST … [Read more...] about Government may table 4 GST bills in Parliament today: Minister
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Goods and Services Tax
GST rollout from July 1 to make goods cheaper: Jaitley
GST rollout from July 1 to make goods cheaper: Jaitley New Delhi: Hopeful of the GST rollout from July 1, Finance Minister Arun Jaitley today said it will create one of the world's biggest single markets and make commodities cheaper and tax evasion difficult. Speaking at the 23rd Conference of the Commonwealth Auditor General, Jaitley said India has hugely a non-tax … [Read more...] about GST rollout from July 1 to make goods cheaper: Jaitley
Cabinet clears GST supplementary legislations
Cabinet clears GST supplementary legislations The Cabinet today cleared four supporting GST legislations, paving the way for their introduction in Parliament as early as today. The four supporting legislations the Compensation Law, the Central-GST (C-GST), Integrated-GST (I-GST) and Union Territory-GST (UT-GST) would be introduced as Money Bill, sources said. The GST … [Read more...] about Cabinet clears GST supplementary legislations
GST council clears state GST laws, likely to roll out by July 1
GST council clears state GST laws, likely to roll out by July 1 New Delhi: GST council moved yet another step closer to implement the country's biggest tax reform possibly from July after the Centre and states agreed on a draft law that will enable states and union territories to impose the Goods and Services Tax (GST), all the five enabling draft bills stand approved to … [Read more...] about GST council clears state GST laws, likely to roll out by July 1
GST Bill likely to be tabled before Cabinet on March 22
GST Bill likely to be tabled before Cabinet on March 22 New Delhi: Maintaining the tempo for the much-awaited Goods and Services Tax (GST) against the backdrop of the crucial Uttar Pradesh Assembly elections, sources in the Finance Ministry on Wednesday said the bill will be presented before the Cabinet on March 22. The government, which is leaving no stone unturned to … [Read more...] about GST Bill likely to be tabled before Cabinet on March 22
Tax officials to send 50,000 letters to PM for successful GST
Tax officials to send 50,000 letters to PM for successful GST New Delhi: At least 50,000 letters will be sent by indirect tax officials to Prime Minister Narendra Modi seeking his intervention to ensure successful roll-out of Goods and Services Tax (GST). A decision in this regard was taken during a meeting of representatives of All India Association of Central Excise … [Read more...] about Tax officials to send 50,000 letters to PM for successful GST
Government Hopeful of Passing GST Bills in next phase of Budget Session
Government Hopeful of Passing GST Bills in next phase of Budget Session New Delhi: Government is hopeful of getting the supporting legislations of Goods and Services Tax (GST) passed by Parliament in the second phase of the Budget session for rolling out the new indirect tax regime by July. Replying to a question on GST bill, Parliamentary Affairs Minister Ananth Kumar on … [Read more...] about Government Hopeful of Passing GST Bills in next phase of Budget Session
GST: Finance Minister may hike service tax to 16-18% in Budget
GST: Finance Minister may hike service tax to 16-18% in Budget New Delhi: Finance Minister Arun Jaitley may hike service tax rate to 16-18 per cent from the current 15 per cent in the Budget, due on Wednesday, as a precursor to the Goods and Services Tax (GST) rollout. The move, that will make flying, eating out, phone bills and a host of other services expensive, would … [Read more...] about GST: Finance Minister may hike service tax to 16-18% in Budget
GST – 70,000 Tax Officials warn of non-cooperation movement
GST - 70,000 Tax Officials warn of non-cooperation movement Opposing some recent decisions taken by GST Council, various indirect tax officials' associations today decided to start non-cooperation movement. To start with, the employees associations will not celebrate international customs day on Friday. Besides, they will observe 'black day' by wearing black badges on … [Read more...] about GST – 70,000 Tax Officials warn of non-cooperation movement
GST: Service tax likely to be hiked to 18 percent this budget
GST: Service tax likely to be hiked to 18 percent this budget New Delhi: Most services are likely to attract a tax of 18 percent under the Goods and Services Tax (GST) as Union Finance Minister Arun Jaitley presents the Union Budget on February 1. It will be interesting to witness whether the Centre raises the service tax rate from the existing 15 percent by at least one … [Read more...] about GST: Service tax likely to be hiked to 18 percent this budget
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