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GST is a destination based consumption tax. Consumption taxes are regressive in nature. It increases the gap between the rich and the poor.
The comments of the Department of Revenue (DOR) on the First Discussion Paper on GST reflect the inclination of Centre on different contradicting issues related to Goods and Services Tax (GST).
This comparison is based on the recommendations of the First Discussion Paper produced by the Empowered committee of states finance ministers
GST MAY MISS APRIL 2012 TARGET TO BE IMPLEMENTED AS STATES OPPOSE DRAFT LEGISLATORY The introduction of
The revenue growth target for this year is challenging a change in tune from an hot tempered optimist about th
The introduction of GST through the comman goods and service tax or GST from the next financial year appears uncertain with fresh opposition pouring in from BJP ruled states who claims that it would reduce their status of that of municipalities and
Just like all other years, year 2010 had also passed. We all would recall this year for different reasons and at different points of time in our life but our Finance Minister would definitely recall this and that too for an important reason
The idea of dropping the most quarrelsome issue of Constitutional Amendment from the recently concluded meeting of the Empowered Committee of the State Finance Ministers didn’t work well for the Government as it also failed to provide any frui
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