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Politicos in Nepal for local polls in two phases

Politicos in Nepal for local polls in two phases

The ruling alliance and the United Democratic Madhesi Front (UDMF) have agreed to go for the local polls in two phases and fast track passage of the Constitution Amendment Bill.

Madhesi Front refuses to back Constitution amendment bill

Prime Minister Prachanda's efforts to achieve reconciliation with the Madhesi issue received a setback on Thursday when the United Democratic Madhesi Front (UDMF) and the Federal Socialist Forum-Nepal (FSF-N) refused to back the Constitution Amendment Bill.

'Government moving ultra-fast, April 2017 GST deadline achievable'

'Government moving ultra-fast, April 2017 GST deadline achievable'

 With the government moving at "ultra-fast" pace on GST, the cut-off date of April 1, 2017, for rolling out the new indirect tax regime now seems achievable, tax experts said today.

GST will take India closer to financial equality: PM Narendra Modi

GST will take India closer to financial equality: PM Narendra Modi

Addressing Bharatiya Janata Party (BJP) workers, Prime Minister Narendra Modi said on Sunday that the the Goods and Service Tax (GST) Bill will take India closer to achieving financial equality, adding that the Bill is an important legislation for "ek bharat shreshth bharat (One India Excellent India)" initiative.

GST a key factor in improving ease of doing business: Das

GST a key factor in improving ease of doing business: Das

Expecting an early passage of GST bill by Parliament, Economic Affair Secretary Shaktikanta Das Monday said administrative machinery is ready to implement the new indirect tax regime, which will be a key component in improving ease of doing business.

Hope to pass GST, bankruptcy bill this session: Arun Jaitley

Hope to pass GST, bankruptcy bill this session: Arun Jaitley

The GST bill has already been passed by the Lok Sabha and is pending ratification by the Upper House, where the ruling NDA does not have a majority. After it is approved by the Rajya Sabha, the legislation needs to be ratified by half of the 29 states so as to roll out GST possibly by October 1.

Fresh protests hit southern Nepal, one killed in police firing

Fresh protests hit southern Nepal, one killed in police firing

18-year-old Tavrej Alam was killed when police opened fire on protesters led by United Democratic Madhesi Front (UDMF) in Rautahat district headquarter Gaur when a crowd of about 1,500 demonstrators started throwing stones and bottles at security personnel.

Nepal passes long-delayed post-quake reconstruction bill

Kathmandu Amid protests by Indian-origin Madhesi lawmakers, Nepal's Parliament today passed a long- delayed bill to expedite post-quake rebuilding that was stuck despite pledges of over USD 4 billion in foreign aid to the country hit by two temblors that killed about 9,000 people.

FM Arun Jaitley rules out including GST rate in Constitution Amendment Bill

FM Arun Jaitley rules out including GST rate in Constitution Amendment Bill

On Congress demands for inclusion of a GST rate of 18 percent in Constitution Amendment Bill, Jaitley said tax rates are not mentioned in Constitution anywhere in the world. 

Nepalese parties agree to advance Constitution amendment bill

Prime Minister K P Oli called a meeting of all major political parties at his residence this morning to find a way out of the ongoing political crisis in the nation.

Govt introduces GST Bill for passage in Rajya Sabha

The government on Tuesday introduced the much-awaited bill on GST for passage in the Rajya Sabha even as doubts persists if the opposition Congress will allow passage of the Constitution Amendment Bill.

Govt lists GST Bill for passage in Rajya Sabha on Tuesday

The Revised List of Business of Rajya Sabha said Finance Minister Arun Jaitley will move the Constitution (One Hundred and Twenty-second Amendment) Bill, 2014, incorporating recommendations made by a House Select Committee.

GST Bill should be sent to Select Committee: Manmohan Singh

The passage of the bill however seems unlikely in this session.

Govt hopeful of getting GST Bill passed in LS next week

The government is hopeful of getting the GST Constitution Amendment Bill passed in the Lok Sabha next week, paving the way for implementation of the new indirect tax regime from April 2016.

GST bill likely in Lok Sabha today

The government, Friday, is likely to take up for consideration and passage a Constitution Amendment bill in the Lok Sabha to roll out the Goods and Services Tax (GST).