Arun Jaitely On Gst

Assuring that the effects of GST (Goods and Services Tax) are settling down and that consumption is picking up, Finance Minister Arun Jaitley said on Saturday that the economy will post a high growth or gross domestic product (GDP) this fiscal year. The comments from the finance minister came at a time when the rupee has been sinking to multiple lo...

A day-long meeting of the powerful GST council to revisit compliance rules for businesses and make what have been described as "structural changes" in the new national tax regime, has concluded. The review comes after feedback and complaints from businesses and amid criticism from the opposition over the way GST has been implemented. The focus toda...

The Goods and Services Tax was not an "easy reform to implement" but it has evoked "great" public support with the government deciding not to blink in the face of opposition to the new taxation measure, Union Finance Minister Arun Jaitley said on Sunday.

After sterling and cross-party work to bring the Goods and Services Tax (GST) regime into effect, it was disappointing that the BJP-led government introduced the GST Bills in Parliament as Money Bills. This allowed it to essentially bypass the Rajya Sabha, ignore its views, and let the government romp home on the basis of its Lok Sabha majority.

Finance Minister Arun Jaitley, in what was described by the Speaker as "Arun ji's classroom", made a strong pitch for the GST or Goods and Services Tax in parliament today, opening a seven-hour debate on bills to enable India's biggest tax reform. He called GST a unique experience" with shared sovereignty for the centre and states.

Currently, the indirect taxation regime provides for central government taxing manufacturing and services while states levy tax on sale of commodities.

The crucial three-day meeting of the all-powerful GST Council, starting tomorrow, will decide on the tax rate and sort out issues like compensation formula for rollout of the new indirect tax regime from April 1, 2017.

The Goods and Services Tax or GST, which aims to bring the country under a unified tax regime and has been stalled by a stalemate for years, has finally earned the support of virtually all states except Tamil Nadu, Union Finance Minister Arun Jaitely said today.

Finance Minister Arun Jaitley said on Thursday that it would be difficult to accept the opposition Congress party's demand to cap goods and services tax (GST) rate in a constitution amendment bill stuck in parliament.

India is gradually transforming most of its taxation laws for a greater degree of stability and predictability, Finance Minister Arun Jaitley today said, stressing that the proposed Goods and Services Tax (GST) is a major step in this direction.

Assuring that the effects of GST (Goods and Services Tax) are settling down and that consumption is picking up, Finance Minister Arun Jaitley said on Saturday that the economy will post a high growth or gross domestic product (GDP) this fiscal year. The comments from the finance minister came at a time when the rupee has been sinking to multiple lo...

A day-long meeting of the powerful GST council to revisit compliance rules for businesses and make what have been described as "structural changes" in the new national tax regime, has concluded. The review comes after feedback and complaints from businesses and amid criticism from the opposition over the way GST has been implemented. The focus toda...

The Goods and Services Tax was not an "easy reform to implement" but it has evoked "great" public support with the government deciding not to blink in the face of opposition to the new taxation measure, Union Finance Minister Arun Jaitley said on Sunday.

After sterling and cross-party work to bring the Goods and Services Tax (GST) regime into effect, it was disappointing that the BJP-led government introduced the GST Bills in Parliament as Money Bills. This allowed it to essentially bypass the Rajya Sabha, ignore its views, and let the government romp home on the basis of its Lok Sabha majority.

Finance Minister Arun Jaitley, in what was described by the Speaker as "Arun ji's classroom", made a strong pitch for the GST or Goods and Services Tax in parliament today, opening a seven-hour debate on bills to enable India's biggest tax reform. He called GST a unique experience" with shared sovereignty for the centre and states.

Currently, the indirect taxation regime provides for central government taxing manufacturing and services while states levy tax on sale of commodities.

The crucial three-day meeting of the all-powerful GST Council, starting tomorrow, will decide on the tax rate and sort out issues like compensation formula for rollout of the new indirect tax regime from April 1, 2017.

The Goods and Services Tax or GST, which aims to bring the country under a unified tax regime and has been stalled by a stalemate for years, has finally earned the support of virtually all states except Tamil Nadu, Union Finance Minister Arun Jaitely said today.

Finance Minister Arun Jaitley said on Thursday that it would be difficult to accept the opposition Congress party's demand to cap goods and services tax (GST) rate in a constitution amendment bill stuck in parliament.

India is gradually transforming most of its taxation laws for a greater degree of stability and predictability, Finance Minister Arun Jaitley today said, stressing that the proposed Goods and Services Tax (GST) is a major step in this direction.