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"Government Losing Revenue Due To GST", Says PM's Top Economic Advisor
Economic Advisory Council to the Prime Minister (EAC-PM) Chairman Bibek Debroy on Tuesday said the government was losing revenue due to the GST, which should be revenue neutral with a single rate.
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On Raids, Government Silent On Key Point Raised By Election Commission
The Election Commission met the income tax department chief and the revenue secretary today to discussed tax raids across the country, just days before the national elections starting Thursday. The opposition has alleged the Prime Minister Narendra Modi government is using the tax department to harass and intimidate them before the elections, after...
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"Milestone" GST Reform Should Be Further Simplifed, Says IMF
A dual rate structure with a low standard rate and an additional higher rate on select items can be progressive and preserve revenue neutrality, IMF said.
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Scope For Reducing GST Slabs, Hints Arun Jaitley
"We have space for improvement, eventually once we become revenue neutral, to think in terms of bigger reforms such as lesser slabs," said the Finance Minister.
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Revenue Neutral Rate Structure Of GST To Be Finalised Next Month
Asserting that the government is determined to implement GST from the next fiscal, Economic Affairs Secretary Shaktikanta Das on Tuesday expressed confidence that the revenue neutral rate structure will be decided the next month.
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Revenue Neutral Rate Structure Of GST To Be Finalised Next Month
Dismissing criticisms, Economic Affairs Secretary Shaktikanta Das said the rate structure has been prepared based on "a very practical basis".
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Telcos Want Net Neutrality Regulations to Apply to Websites, Apps, OEMs as Well
They say government should assess the potential revenue loss owing to non-regulation of the content/ application developers offering same services as licensed telecom operators.
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Dual Control Issue Over Taxation Structure Almost Sorted Out: Amit Mitra
The other issue discussed at the meet, attended by Union Finance Minister Arun Jaitley and 22 other state finance ministers, was the revenue neutral rate (RNR).
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Arun Jaitley Pitches for Early Passage of GST Bill
The 15 per cent Revenue Neutral Rate has been suggested by a committee headed by Chief Economic Adviser Arvind Subramanian last week.
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Panel on GST Rate to Submit Report Next Month: Jayant Sinha
A high-powered committee to suggest revenue neutral GST (Goods and Services Tax) rate will submit its report in the first week of December, Minister of State for Finance Jayant Sinha said on Monday.
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'DoT Panel Report on Net Neutrality Protects Telecom Operator Revenues'
Credit rating firm Ind Ra (India Ratings and Research) published a note on Friday detailing the implications of the DoT net neutrality report
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Panel to Soon Submit Report on GST Rates: Subramanian
The committee set up by the government to recommend revenue neutral rate (RNR) for the Goods and Services Tax (GST) will submit its report in the next 4-6 weeks, said Chief Economic Advisor Arvind Subramanian, who is also heading the panel.
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'Fears Based on Monsoon Predictions Misplaced,' Says Finance Minister Arun Jaitley
The Empowered Committee of State Finance Ministers met in New Delhi today to deliberate on the revenue neutral rate, besides other issues, for smooth roll out of Goods and Services Tax (GST).
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State Finance Ministers to Meet on Thursday to Discuss GST Rate: Report
Sources said the empowered committee, which comprises state finance ministers, is scheduled to discuss the revenue neutral rate, in addition to some other issues.
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Government Hopeful of Getting GST Bill Passed in Lok Sabha Next Week
Jaitley had last week said in the Lok Sabha that "GST is going to lead to a win-win situation as far as the Centre and states are concerned. It is going to up India's GDP. It is going to up India's revenue."
-
"Government Losing Revenue Due To GST", Says PM's Top Economic Advisor
Economic Advisory Council to the Prime Minister (EAC-PM) Chairman Bibek Debroy on Tuesday said the government was losing revenue due to the GST, which should be revenue neutral with a single rate.
-
On Raids, Government Silent On Key Point Raised By Election Commission
The Election Commission met the income tax department chief and the revenue secretary today to discussed tax raids across the country, just days before the national elections starting Thursday. The opposition has alleged the Prime Minister Narendra Modi government is using the tax department to harass and intimidate them before the elections, after...
-
"Milestone" GST Reform Should Be Further Simplifed, Says IMF
A dual rate structure with a low standard rate and an additional higher rate on select items can be progressive and preserve revenue neutrality, IMF said.
-
Scope For Reducing GST Slabs, Hints Arun Jaitley
"We have space for improvement, eventually once we become revenue neutral, to think in terms of bigger reforms such as lesser slabs," said the Finance Minister.
-
Revenue Neutral Rate Structure Of GST To Be Finalised Next Month
Asserting that the government is determined to implement GST from the next fiscal, Economic Affairs Secretary Shaktikanta Das on Tuesday expressed confidence that the revenue neutral rate structure will be decided the next month.
-
Revenue Neutral Rate Structure Of GST To Be Finalised Next Month
Dismissing criticisms, Economic Affairs Secretary Shaktikanta Das said the rate structure has been prepared based on "a very practical basis".
-
Telcos Want Net Neutrality Regulations to Apply to Websites, Apps, OEMs as Well
They say government should assess the potential revenue loss owing to non-regulation of the content/ application developers offering same services as licensed telecom operators.
-
Dual Control Issue Over Taxation Structure Almost Sorted Out: Amit Mitra
The other issue discussed at the meet, attended by Union Finance Minister Arun Jaitley and 22 other state finance ministers, was the revenue neutral rate (RNR).
-
Arun Jaitley Pitches for Early Passage of GST Bill
The 15 per cent Revenue Neutral Rate has been suggested by a committee headed by Chief Economic Adviser Arvind Subramanian last week.
-
Panel on GST Rate to Submit Report Next Month: Jayant Sinha
A high-powered committee to suggest revenue neutral GST (Goods and Services Tax) rate will submit its report in the first week of December, Minister of State for Finance Jayant Sinha said on Monday.
-
'DoT Panel Report on Net Neutrality Protects Telecom Operator Revenues'
Credit rating firm Ind Ra (India Ratings and Research) published a note on Friday detailing the implications of the DoT net neutrality report
-
Panel to Soon Submit Report on GST Rates: Subramanian
The committee set up by the government to recommend revenue neutral rate (RNR) for the Goods and Services Tax (GST) will submit its report in the next 4-6 weeks, said Chief Economic Advisor Arvind Subramanian, who is also heading the panel.
-
'Fears Based on Monsoon Predictions Misplaced,' Says Finance Minister Arun Jaitley
The Empowered Committee of State Finance Ministers met in New Delhi today to deliberate on the revenue neutral rate, besides other issues, for smooth roll out of Goods and Services Tax (GST).
-
State Finance Ministers to Meet on Thursday to Discuss GST Rate: Report
Sources said the empowered committee, which comprises state finance ministers, is scheduled to discuss the revenue neutral rate, in addition to some other issues.
-
Government Hopeful of Getting GST Bill Passed in Lok Sabha Next Week
Jaitley had last week said in the Lok Sabha that "GST is going to lead to a win-win situation as far as the Centre and states are concerned. It is going to up India's GDP. It is going to up India's revenue."
