Diabytes
GST passage News
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The much-awaited Goods and Services Tax (GST) Bill was on Wednesday presented by Finance Minister Arun Jaitley for discussion and passage in Rajya Sabha.
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The Union Cabinet this week cleared four supplementary Goods and Services Tax (GST) legislations which will be introduced in Parliament in the ongoing budget session.
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Finance Minister Arun Jaitley said on Wednesday that the government was hoping to implement the Goods and Services Tax (GST) by July 1 after the enabling Bills get Parliament`s nod in the current budget session.
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Passage of GST Constitution Amendment bill by the Indian Parliament is a sure shot “game-changer" and India’s biggest tax reform till date. It is a significant milestone in efforts to improve the country's ranking in World Bank's ease of doing business index.
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The Telangana Legislature on Tuesday unanimously ratified the Goods and Services Tax Constitutional Amendment Bill, becoming 12th state to have approved the legislation that will pave the way for roll-out of a single and unified tax system in the country.
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By abandoning confrontation and seeking consensus, PM Modi has pulled off his biggest reform yet, securing the unanimous support of both houses of parliament for a planned GST.
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It took him more than two years, but Indian Prime Minister Narendra Modi has finally discovered the art of the deal.
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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.
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India Inc on Tuesday said it is looking forward to introduction of the much-awaited Goods & Services Tax (GST), saying it would be a very significant step in the field of indirect tax reforms in India.
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Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.
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A good monsoon with even rainfall distribution across regions will give a boost to farm sector and may push India's GDP growth beyond the 8 per cent mark in the current fiscal, Crisil said on Wednesday.
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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.
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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.
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Prime Minister Narendra Modi on Monday said that the government will talk to all parties on GST and seek a consensus for its passage.
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Gangwar, who was yesterday shifted from the Textile Ministry to the all-important Finance Ministry, assumed charge today along with Arjun Ram Meghwal, who has also been made a Minister of State in the Finance Ministry.
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The Bill has been passed in the Lok Sabha and is awaiting clearance from the Rajya Sabha where the ruling NDA lacks majority.
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