Posts tagged with "GST"

GST Council plans to take up three contentious laws for discussion; targets 1 July roll-out

GST Council plans to take up three contentious laws for discussion; targets 1 July roll-out
Aiming towards a smooth roll out of Goods and Services Tax (GST) from 1 July, the GST Council will look into the three GST laws in its next meeting, scheduled for 18 February. West Bengal finance minister Amit Mitra, who also heads the empowerment panel on GST. The session by the Secretaries Panel at CNBC-TV 18 Mint’s ‘Budget 2017: The Verdict’ programme in New Delhi on Thursday evening discussed in detail the GST and its power... 

PM Narendra Modi’s 5Ms for economic development

PM Narendra Modi’s 5Ms for economic development
PM Narendra Modi. NEW DELHI: “Man, Machine, Material, Money and Minute,” these are the 5 Ms that can propel our economy and take it forward on the path of development, PM Modi said while discussing the GST Bill in Lok Sabha on Monday. The economic development would be ushered in by the GST as the states in our country are not self sufficient but are interdependent and GST will boost economy of under developed States, the PM said. Reiterating... 

GST Bill passed: Still confused about how it will impact you? Check out this simple chart

GST Bill passed: Still confused about how it will impact you? Check out this simple chart
Taxes are indeed a difficult subject for aam aadmi. It looks like a maze of legalese and maths, signifying nothing much. With the GST, the government is aiming to simplify it for the general public. The government explains the GST in simple terms in the recenlty published frequently asked questions. Here’s what it has to say: GST is one indirect tax for the whole nation, which will make India one unified common market. GST is a single tax... 

Modi’s GST hopes will die quick death: In Parliament, BJP must think before upping ante against Congress

Modi’s GST hopes will die quick death: In Parliament, BJP must think before upping ante against Congress
Union Finance Minister, Arun Jaitley’s meeting today (Monday), with state finance ministers on the passage of Goods and Services Tax (GST) is crucial for the BJP to iron out the remaining differences with the Congress party, but doesn’t seem to be the last hurdle in the race. This is because, over the weekend, the political course in the capital has seemingly taken a turn and bad politics yet again seem to trample good economics. The reference... 

GST Impacts Fiscal Autonomy Of States Like Tamil Nadu: Jayalalithaa To PM Modi

GST Impacts Fiscal Autonomy Of States Like Tamil Nadu: Jayalalithaa To PM Modi
NEW DELHI: Tamil Nadu Chief Minister J Jayalalithaa, in her first visit to Delhi since winning Assembly elections last month, met Prime Minister Narendra Modi this evening and voiced her concerns about the Goods and Services Tax or GST, which aims to bring the country under a unified tax regime. GST Impacts Fiscal Autonomy Of States Like Tamil Nadu “GST impacts fiscal autonomy of states and huge permanent revenue loss is expected for a manufacturing... 
 
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