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GST to convert entire country into one market: Naveen Patnaik

GST to convert entire country into one market: Naveen Patnaik

A day before introduction of the State Goods and Service Tax Bill in the Odisha Assembly, Chief Minister Naveen Patnaik on Wednesday said GST was a major financial reform which would transform the country into one single market.

 Fixing rate, threshold key challenges to GST rollout: Revenue Secretary

Fixing rate, threshold key challenges to GST rollout: Revenue Secretary

Fixing the GST rate, deciding on exempt items and ensuring no dual control by the Centre and states are among the seven key challenges which have to be overcome before GST can be rolled out by April 1, 2017, a top Finance Ministry official said on Thursday.

GST rollout from April 1 if law passed in next session: Sinha

GST rollout from April 1 if law passed in next session: Sinha

New Delhi: Targeting April 2017 for the rollout of Goods and Services Tax, the government is betting on support from smaller regional parties to pass the national sales tax legislation in the Parliament session from next month, and expects approval for supporting laws by year-end.