Arun Jaitley On Gst Bill

In its 26th meeting, Arun Jaitley-chaired GST Council decided that electronic way or e-way bill between states will be implemented from April 1.

In yet another unexpected move, the Lok Sabha has approved a bill to hike Cess on luxury vehicles from 15 per cent to 25 per cent. The Cess will be applicable along with the 28 per cent GST that is already applicable on cars that are over the 4-metre length category. In a statement, the Finance Minister Arun Jaitley said that the Cess on luxury car...

The Council, headed by Finance Minister Arun Jaitley and comprising representatives of all states, also finalised the e-way bill that mandates pre-registration of all goods worth over Rs 50,000 before they are moved for sale beyond 10 km.

Movement of goods between states has smoothened with 25 out of 29 states abolishing checkposts, CBEC Chairperson Vanaja Sarna said.

Weeks before India ushers in the goods and services tax or Goods and Services Tax or GST regime - billed as the biggest tax reform to create a uniform Indian market - the powerful GST council cut tax rates for 66 items.

"Telecom industry hails GST as an iconic reform but we are disappointed with announced rate of 18 percent," said Rajan S Mathews, Director General, Cellular Operators' Association of India (COAI).

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.

The Finance Bill 2017 has been approved by parliament, with the Lok Sabha on Thursday rejecting five amendments that were proposed by opposition parties and adopted on Wednesday by the Rajya Sabha, where the government is in a minority.

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.

Congress leader Veerappa Moily, speaking during the debate on GST bills, dared all members of the Rajya Sabha today to quit "if they have some pride left". Mr Moily's counsel is based on the Congress premise that the government has demonstrated its determination to exclude the Rajya Sabha from any say in legislation.

The Goods and Services Tax (Compensation to States) provides for compensation to the states for the loss of revenue arising on account of implementation of the GST.

After an eight-hour debate, the Lok Sabha on Wednesday passed four GST or Goods and Services Tax-related bills putting the government on course for the launch on July 1 of the country's biggest tax reform since Independence. GST will subsume a slew of indirect taxes levied by the Centre and states, transforming India into a single market. The bills...

Parliament will today debate and vote on four supporting bills crucial to the implementation of the Goods and Services Tax, which will subsume a slew of indirect taxes currently levied by the centre and states. On the table in the Lok Sabha is the Central Goods and Services Tax (CGST) Bill, 2017, along with three other related bills, providing for ...

Finance Minister Arun Jaitley today briefed lawmakers about the four GST bills introduced in Lok Sabha which will be taken up for consideration on Wednesday.

The GST bills will be discussed in Parliament today and tomorrow in what is expected to be an intense debate between the government and the Opposition. Prime Minister Narendra Modi has called a meeting of his council of ministers today to get them on the same page on the Goods and Services Tax.

In its 26th meeting, Arun Jaitley-chaired GST Council decided that electronic way or e-way bill between states will be implemented from April 1.

In yet another unexpected move, the Lok Sabha has approved a bill to hike Cess on luxury vehicles from 15 per cent to 25 per cent. The Cess will be applicable along with the 28 per cent GST that is already applicable on cars that are over the 4-metre length category. In a statement, the Finance Minister Arun Jaitley said that the Cess on luxury car...

The Council, headed by Finance Minister Arun Jaitley and comprising representatives of all states, also finalised the e-way bill that mandates pre-registration of all goods worth over Rs 50,000 before they are moved for sale beyond 10 km.

Movement of goods between states has smoothened with 25 out of 29 states abolishing checkposts, CBEC Chairperson Vanaja Sarna said.

Weeks before India ushers in the goods and services tax or Goods and Services Tax or GST regime - billed as the biggest tax reform to create a uniform Indian market - the powerful GST council cut tax rates for 66 items.

"Telecom industry hails GST as an iconic reform but we are disappointed with announced rate of 18 percent," said Rajan S Mathews, Director General, Cellular Operators' Association of India (COAI).

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.

The Finance Bill 2017 has been approved by parliament, with the Lok Sabha on Thursday rejecting five amendments that were proposed by opposition parties and adopted on Wednesday by the Rajya Sabha, where the government is in a minority.

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.

Congress leader Veerappa Moily, speaking during the debate on GST bills, dared all members of the Rajya Sabha today to quit "if they have some pride left". Mr Moily's counsel is based on the Congress premise that the government has demonstrated its determination to exclude the Rajya Sabha from any say in legislation.

The Goods and Services Tax (Compensation to States) provides for compensation to the states for the loss of revenue arising on account of implementation of the GST.

After an eight-hour debate, the Lok Sabha on Wednesday passed four GST or Goods and Services Tax-related bills putting the government on course for the launch on July 1 of the country's biggest tax reform since Independence. GST will subsume a slew of indirect taxes levied by the Centre and states, transforming India into a single market. The bills...

Parliament will today debate and vote on four supporting bills crucial to the implementation of the Goods and Services Tax, which will subsume a slew of indirect taxes currently levied by the centre and states. On the table in the Lok Sabha is the Central Goods and Services Tax (CGST) Bill, 2017, along with three other related bills, providing for ...

Finance Minister Arun Jaitley today briefed lawmakers about the four GST bills introduced in Lok Sabha which will be taken up for consideration on Wednesday.

The GST bills will be discussed in Parliament today and tomorrow in what is expected to be an intense debate between the government and the Opposition. Prime Minister Narendra Modi has called a meeting of his council of ministers today to get them on the same page on the Goods and Services Tax.