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''Extend GST Compensation Beyond June 2022'': Kerala Finance Minister
Kerala will be receiving GST (Goods and Services Tax) compensation of over Rs 13,000 crore and another one-time grant of over Rs 19,000 crore in the current fiscal ending March 2022, he noted.
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Not Paying GST Compensation To States "Amounts To Sovereign Default": Congress
The Congress on Tuesday accused the Centre of committing a "sovereign default" by not paying GST compensation to states as mandated under the law and demanded that they be compensated soon.
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Uddhav Thackeray Gets House Call As Sena Sulk With BJP Extends To GST Tax
The landmark national services tax which is to be introduced in July has still not got the approval of the Shiv Sena, a key member of Prime Minister Narendra Modi's coalition government. The Goods and Services Tax or GST, which replaces a jumble of levies, often varying from one state to another, has been made law by parliament.
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Tax Reform GST Heads For July 1 Rollout, Crucial Bills Cleared: 10 Facts
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...
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The Four GST Bills Being Debated In Parliament Today Explained Here
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 ...
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After 7-Hour GST Debate In Lok Sabha Today, 250 Clauses Will Be Put To Vote: 10 Facts
Four Bills related to the Goods and Services Tax or GST will be debated in the Lok Sabha or lower house of Parliament today, as the government pushes to meet a July 1 launch date for the unified tax regime that subsumes a slew of indirect taxes at the centre and in states. Seven hours have been allotted for today's debate, which is likely to begin ...
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GST Council Clears Draft Laws As Government Aims For July 1 Rollout
The Centre wants to bring these bills in the second half of the Budget session that starts next week as it wants to stick to the July 1 deadline to rollout GST.
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GST Council Clears Law To Compensate States For Revenue Loss
The all-powerful GST Council will meet again on March 4 and 5 to approve the legally vetted draft of the supporting legislations for Central GST (C-GST) and Integrated GST (I-GST), days before the start of the second leg of the Budget Session where the Centre is hoping to get them approved.
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GST Council Approves Final Draft Of Compensation Law, Says Arun Jaitley
The government is keen to roll out the Goods and Services Tax (GST) from July 1, 2017.
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GST: States Demand Tax On High Sea Sales, Higher Compensation
Also, coastal states pressed for rights to levy GST on trade of goods within 12 nautical miles offshore, holding up finalising of the draft law for levy of Integrated-GST (IGST) on inter-state trade.
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Dual Control, IGST Decisions Pending: Arun Jaitley After Council Meet
Union minister Arun Jaitley today said most of the issues in the Implementation of Goods and Services have been sorted out and he is hopeful that they will meet the April 1, 2017.
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For Smooth Passage, Centre Plans To Bring GST Bills As Money Bills
With several states suggesting changes in the model GST law and compensation formula, the GST Council meeting scheduled for November 25 has been postponed to December 2-3.
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GST Council Meet Postponed To December 2-3
With several states suggesting changes in the model GST and compensation laws, the GST Council meeting scheduled for November 25 has been postponed to December 2-3.
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3-Day GST Council Meet Begins Today, Decision On Tax Rates Likely
The central government's efforts to implement the Goods and Services Tax or GST law from April 1 next year is about to enter a critical phase. Starting today, the three-day meeting of the GST Council will take a decision on the tax bands and iron out issues like compensation formula for the new indirect tax regime.
-
''Extend GST Compensation Beyond June 2022'': Kerala Finance Minister
Kerala will be receiving GST (Goods and Services Tax) compensation of over Rs 13,000 crore and another one-time grant of over Rs 19,000 crore in the current fiscal ending March 2022, he noted.
-
Not Paying GST Compensation To States "Amounts To Sovereign Default": Congress
The Congress on Tuesday accused the Centre of committing a "sovereign default" by not paying GST compensation to states as mandated under the law and demanded that they be compensated soon.
-
Uddhav Thackeray Gets House Call As Sena Sulk With BJP Extends To GST Tax
The landmark national services tax which is to be introduced in July has still not got the approval of the Shiv Sena, a key member of Prime Minister Narendra Modi's coalition government. The Goods and Services Tax or GST, which replaces a jumble of levies, often varying from one state to another, has been made law by parliament.
-
Tax Reform GST Heads For July 1 Rollout, Crucial Bills Cleared: 10 Facts
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...
-
The Four GST Bills Being Debated In Parliament Today Explained Here
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 ...
-
After 7-Hour GST Debate In Lok Sabha Today, 250 Clauses Will Be Put To Vote: 10 Facts
Four Bills related to the Goods and Services Tax or GST will be debated in the Lok Sabha or lower house of Parliament today, as the government pushes to meet a July 1 launch date for the unified tax regime that subsumes a slew of indirect taxes at the centre and in states. Seven hours have been allotted for today's debate, which is likely to begin ...
-
GST Council Clears Draft Laws As Government Aims For July 1 Rollout
The Centre wants to bring these bills in the second half of the Budget session that starts next week as it wants to stick to the July 1 deadline to rollout GST.
-
GST Council Clears Law To Compensate States For Revenue Loss
The all-powerful GST Council will meet again on March 4 and 5 to approve the legally vetted draft of the supporting legislations for Central GST (C-GST) and Integrated GST (I-GST), days before the start of the second leg of the Budget Session where the Centre is hoping to get them approved.
-
GST Council Approves Final Draft Of Compensation Law, Says Arun Jaitley
The government is keen to roll out the Goods and Services Tax (GST) from July 1, 2017.
-
GST: States Demand Tax On High Sea Sales, Higher Compensation
Also, coastal states pressed for rights to levy GST on trade of goods within 12 nautical miles offshore, holding up finalising of the draft law for levy of Integrated-GST (IGST) on inter-state trade.
-
Dual Control, IGST Decisions Pending: Arun Jaitley After Council Meet
Union minister Arun Jaitley today said most of the issues in the Implementation of Goods and Services have been sorted out and he is hopeful that they will meet the April 1, 2017.
-
For Smooth Passage, Centre Plans To Bring GST Bills As Money Bills
With several states suggesting changes in the model GST law and compensation formula, the GST Council meeting scheduled for November 25 has been postponed to December 2-3.
-
GST Council Meet Postponed To December 2-3
With several states suggesting changes in the model GST and compensation laws, the GST Council meeting scheduled for November 25 has been postponed to December 2-3.
-
3-Day GST Council Meet Begins Today, Decision On Tax Rates Likely
The central government's efforts to implement the Goods and Services Tax or GST law from April 1 next year is about to enter a critical phase. Starting today, the three-day meeting of the GST Council will take a decision on the tax bands and iron out issues like compensation formula for the new indirect tax regime.
