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CST

Stem cells may help treat spinal cord injuries

Scientists have successfully used stem cells for the first time to promote regeneration after injury to a specialised band of spinal chord nerve fibres that are important for motor function. Researchers from Hokkaido University in Japan together with an international team of scientists implanted specialised embryonic stem cells into the severed spinal cords of rats.

GST panel to elect its new chairman today

The Empowered Committee of State Finance Ministers will meet on Friday to elect its new chairman.

GST panel to elect its new chairman on March 20

The Empowered Committee of State Finance Ministers will meet on March 20 to elect its new chairman.

Govt approves Rs 33,000 cr CST compensation to states/UTs

Government Tuesday approved the release of Rs 33,000 crore in tranches to states and Union Territories to compensate them for revenue loss on account of phasing out of Central Sales Tax for three financial years up to 2012-13.

Rs 32,800 cr paid to states to compensate for CST loss: Sinha

The Centre Friday said it has paid Rs 32,800 crore to states as compensation for phasing out of Central Sales Tax in the run-up to roll-out of Goods and Services Tax.

Govt seeks Parl nod for Rs 11000 cr CST compensation to states

Govt seeks Parl nod for Rs 11000 cr CST compensation to states

Government Monday sought approval of Parliament to release about Rs 11,000 crore to states and union territories to compensate them for revenue loss on account of phasing out of Central Sales Tax (CST).

Taxmen must recover legitimate dues: Arun Jaitley

Finance Minister Arun Jaitley Saturday said revenue department must recover the legitimate dues but there is no point in focusing on unfairly imposed taxes as they only bring "bad name".

Centre to release Rs 11,000 cr CST compensation to states: FM

A day ahead of his meeting with state finance ministers, Union Finance Minister Arun Jaitley Wednesday said the government will soon release Rs 11,000 crore towards Central Sales Tax (CST) compensation, as part of consensus building for GST rollout.

Cars are more taxed than cigarettes in India: Honda Cars

Car major Honda Cars India Ltd (HCIL) Thursday said there is a "high" incidence of taxes on automobile sector, saying "cars are more taxed than cigarettes" in the country.

Centre agrees to delete DSA, 3 sub-committees set up

A day after resolving the contentious CST issue, state finance ministers Tuesday formed three sub-committees to look into other matters like IT infrastructure for smooth roll-out of the Goods and Service Tax regime.

Committees to look into CST compensation, GST design issues: FM

Finance Minister P Chidambaram Thursday said two committees will be constituted to sort out contentious issues that hamper implementation of the Goods and Services Tax (GST).

States want Centre to resolve CST issue before GST rollout

States want the central government to resolve the Central Sales Tax (CST) compensation issue before moving ahead with the rollout of the Goods and Service Tax (GST) regime.

CST compensation issue under examination, says Centre

The Centre on Wednesday said the demand of states for continuation of compensation for their revenue loss on account of reduction in central sales tax (CST) is under examination.

Centre can't compensate states for CST till GST rollout: FinMin

Amidst repeated complaints of inadequate compensation for revenue loss due to lower CST rate, the Union Finance Ministry Tuesday said it cannot compensate them "endlessly for as many years as GST does not come".