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Jaitley advocates hike in income tax exemption limit

Last Updated: Saturday, April 05, 2014, 00:12

Jaitley sought immediate implementation of the Goods and Service Tax.

Petroleum and alcohol should be kept out of GST

Last Updated: Monday, November 18, 2013, 15:55

The Empowered Committee of state finance ministers on Monday unanimously decided to keep petroleum and alcohol out of the proposed Goods and Service Tax stating that these were the main sources of income for states.

Assocham suggests a slew of measures to boost economy

Last Updated: Thursday, September 05, 2013, 21:24

Industry body Assocham Thursday suggested that the government raise investment in agriculture, cut back on subsidies, aggressively disinvest and roll out tax reforms like DTC and GST to revive economic growth.

Empowered Committee on GST to elect new Chairman on Jul 22

Last Updated: Wednesday, July 17, 2013, 15:34

The Empowered Committee of State Finance Ministers on Goods and Service Tax (GST) will elect its new Chairman at their meeting to be held on July 22.

CII calls for rapid action on GST

Last Updated: Sunday, June 30, 2013, 19:02

The Confederation of Indian Industry (CII) made a strong push Sunday for speedy action to implement the proposed Goods and Service Tax (GST), an indirect tax measure expected to accelerate growth.

FM regrets not being able to get legislations passed

Last Updated: Wednesday, May 29, 2013, 20:59

"There are very significant differences but on essentials of building an open and liberal economy, I believe there is no great difference between two major political parties in India," Chidambaram said.

States for common exemption list under GST

Last Updated: Friday, May 10, 2013, 09:30

States also asked the Centre to prune its exemption list in a phased manner to match it with that of States.

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

Last Updated: Tuesday, January 29, 2013, 22:50

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.

Need to build strong ecosystem for more transparency: FMC

Last Updated: Sunday, December 02, 2012, 13:42

To achieve more transparency in the futures market there is a need to build a strong ecosystem, like proper warehousing and uniform Goods and Service Tax, Forward Markets Commission Chairman Ramesh Abhishek has said.

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

Last Updated: Thursday, November 08, 2012, 19:06

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

Last Updated: Thursday, November 08, 2012, 18:37

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.

GST issue may be resolved in 2-3 meetings of state FMs: Modi

Last Updated: Thursday, October 25, 2012, 19:55

The Centre and states have moved closer to resolving differences over Goods and Service Tax (GST) and the consensus may emerge in the next two to three meetings of the state finance ministers'panel, said Bihar's Finance Minister Sushil Modi.