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Incentivizing States Under GST Regime

   06 May 2015 at 10:34

As tax rates during Goods and Services Tax (GST) regime will be closely aligned to the Revenue Neutral Rates (RNR) of the Centre and the States, the revenues of the Central and State Governments will not be impacted in the long run. To help States in

Posted in GST |   9141 Views


GST bill to be taken up next week in Parliament

   29 April 2015 at 10:37

The Constitution (122 Amendment) Bill in respect of GST to be taken up in Lok Sabha next week Finance Bill to be taken up on Thursday Further to the suggestions from the Members of Lok Sabha, the Government has agreed to extend the ongoing discussio

Posted in GST  1 comments |   11913 Views


Corporate Tax to be Reduced and GST to be Implemented

   28 February 2015 at 13:30

Corporate Tax to be Reduced and GST to be Implemented; Gaar Deferred by Two Years The Finance Minister Shri Arun Jaitley said that to give a fillip to growth, investment and promotion of domestic manufacturing and ‘Make in India’, aiming

Posted in GST |   12693 Views


Most of the states to benefit from GST

   23 December 2014 at 10:50

Most of the States to benefit from GST from day one; Provisions have been Made in the Constitution Amendment Bill on GST to Ensure that none of the States Lose any Revenue after the Implementation of the GST: FM The Union Finance Minister, Shri Arun

Posted in GST |   21291 Views


GST and Insurance amendment bill on the anvil

   18 November 2014 at 12:05

Economic Reforms Inclduing GST and Insurance Amendment Bill are on the Anvil: FM; Calls for Large Investment from Domestic and International Investors in Infrastructure Sector The Union Finance Minister Shri Arun Jaitley said that the Government has

Posted in GST |   16170 Views


GST to be a Major Milestone for Indirect Tax Reform

   09 July 2014 at 18:10

GST to be a Major Milestone for Indirect Tax Reform DTC required as a Clean Modern Replacement for existing it laws In a non-market economy, in addition to laws, taxes and subsidies are used for encouraging or discouraging activities that the central

Posted in GST  2 comments |   14280 Views


Work on Draft GST Constitutional Amendment Bill and GST Law Expected to be taken Forward

   28 February 2013 at 13:44

Rs. 9,000 Crore set Apart for the 1st Instalment of the Balance of CST Compensation to States The Finance Minister Shri P. Chidambaram presenting the Union Budget in Lok Sabha today has expressed the hope that the consensus on providing for a Go

Posted in GST |   5256 Views


GST is More Effective and Efficient Substitute for Plethora of Indirect Taxes: FM

   25 August 2012 at 11:27

The Union Finance Minister, Shri P. Chidambaram said that the goods and services tax (GST) is a more effective and efficient substitute for plethora of indirect taxes. The Finance Minister said that he is hopeful that the GST Bill would be passed

Posted in GST |   9576 Views


FM releases Guidance Paper on service tax: new approach intended to take country and economy a step closer to GST

   21 June 2012 at 10:37

Union Finance Minister, ShriPranabMukherjee released the Guidance Paper on the new approach to service tax, here today. The release of the Guidance Paper marks the culmination of the year long efforts made by the Government to introduce a negative

Posted in GST  1 comments |   10035 Views


IT Infrastructure for GST- GSTN

   15 June 2012 at 13:15

Annual Conference of Chief Commissioners & Director-Generals - IT Infrastructure for GST- GSTN

Posted in GST |   7968 Views