GST News

States to be fully compensated for GST: Pranab

26 July 2010 at 10:03

States to be fully compensated for GST: Pranab Finance minister Pranab Mukherjee on Saturday assured the states that the Centre will fully compensate them on possible losses arising from implementation of the goods and services tax (GST) regime.

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GST can push up economic growth by 1.5 pc: Montek

24 July 2010 at 11:19

GST can push up economic growth by 1.5 pc: Montek Making a strong case for implementation of Goods and Services Tax (GST), the Planning Commission has said the new tax regime could push up economic growth by 1.5 pc points. "Lots of people be

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Govt proposes 20% GST on goods, 16% on services

22 July 2010 at 10:34

Govt proposes 20% GST on goods, 16% on services Finance Minister Pranab Mukherjee on Wednesday proposed a three-rate structure for the Goods and Services Tax - which will simplify the indirect tax regime. Under this goods will attract 20 percent

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DTC, GST Bills likely in Monsoon session: Revenue Secy

21 July 2010 at 12:43

DTC, GST Bills likely in Monsoon session: Revenue Secy The government on Tuesday said the direct taxes code (DTC) Bill and a constitutional amendment bill to implement the goods and services tax (GST ) are likely to be introduced in the Monsoon se

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FM asks the Gujarat Chief Minister to help in evolving consensus on Goods and Services Tax (GST)

17 June 2010 at 12:21

FM asks the Gujarat Chief Minister to help in evolving consensus on Goods and Services Tax (GST) Gujarat Chief Minister, Shri Narendra Modi called on Union Finance Minister, Shri Pranab Mukherjee during the latter’s visit to Ahmedabad today.

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Government Expects to introduce Direct Tax Code and GST from April 2011

26 February 2010 at 13:50

Government Expects to introduce Direct Tax Code and GST from April 2011GENERAL BUDGET: 2010-11 Shri Pranab Mukherjee, Union Finance Minister, while presenting the Union Budget in Lok Sabha today, said that the wide-ranging discussions on the Direc

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Discussion Paper On GST released

10 November 2009 at 18:28

First Discussion Paper On Goods and Services Tax In India

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FM speech at meeting of Empowered Committee of Ministers on GST

10 November 2009 at 17:32

FM’s speech at meeting of Empowered Committee of State Finance Ministers on GSTFollowing is the text of speech delivered by Finance Minister Shri Pranab Mukherjee at the meeting of the Empowered Committee of State Finance Minister here today:

Posted in GST | 2 comments | 9315 Views

GST set to replace state & central taxes by 2010

08 February 2008 at 09:03

GST set to replace state& central taxes by 2010 Theproposed unified goods & service tax (GST) regime could spell an end tovarious kinds of exemptions enjoyed by the corporate sector. These includearea-based exemptions and sectoral tax breaks. Finan

Posted in GST | 4197 Views

ICAI proposes dual taxation structure for GST roll-out

06 November 2007 at 01:13

The Institute of Chartered Accountants of India (ICAI) on Monday recommended that Goods and Service Tax (GST), proposed to be implemented from 2010, should have dual tax structures at the Centre and state levels.The GST is expected to create a common

Posted in GST | 2 comments | 12384 Views