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FM Jaitley hopeful of resolving issues to roll out GST from Apr 1

FM Jaitley hopeful of resolving issues to roll out GST from Apr 1

Finance Minister Arun Jaitley on Wednesday reiterated that the Centre is still aiming to roll out the Goods and Services Tax (GST) regime from April 1 if all pending issues are sorted out.

CPI inflation likely to be around 5.7% in 2017; rate cut possible: Nomura

CPI inflation likely to be around 5.7% in 2017; rate cut possible: Nomura

India's CPI inflation is likely to average around 5.3 per cent in 2017, up from 5.1 per cent in 2016, but the RBI might still cut repo rate by 25 bps in the first quarter of next year, says a Nomura report.

Sensex marks biggest loss in five weeks, slides 449 points

Sensex marks biggest loss in five weeks, slides 449 points

The Sensex dropped 448.86 points to finish at 26,040.70 points as the BSE benchmark marked the biggest loss in the five weeks passed. The broader Nifty dipped below the psychological 8,000-level.

Despite differences  between states over GST draft, govt hopeful of rolling out GST on April 1

Despite differences between states over GST draft, govt hopeful of rolling out GST on April 1

The crucial meeting of the GST Council on Friday and Saturday ended without states reaching any consensus. The Council is slated to meet again on December 11 and 12 amid hopes of rolling out GST on April 1.

There is constitutional compulsion before states to roll out GST before September 16, 2017: Arun Jaitley

There is constitutional compulsion before states to roll out GST before September 16, 2017: Arun Jaitley

Finance Minister Arun Jaitley said on Friday that rolling out GST before September 16 has become a constitutional necessity as  states will not be able to collect their share of taxes henceforth,there is no scope to delay the decision any further.

GST can be paid using debit, credit cards: Revenue Secretary

GST can be paid using debit, credit cards: Revenue Secretary

Individuals and entities can pay taxes online using debit or credit cards once the Goods and Services Tax (GST) is rolled out, Revenue Secretary Hasmukh Adhia said on Sunday.

GST to be game changer for manufacturing, ease of doing biz: Abhishek

Implementation of the goods and services tax (GST) is bound to be a "game changer" for India's manufacturing sector and will enhance ease of doing business in the country.

Running against time on GST implementation, says Jaitley

Running against time on GST implementation, says Jaitley

Terming April 1, a very stiff target, Finance Minister Arun Jaitley on Wednesday said the government is "running against time" for the implementation of GST, but added that he would certainly like to give it a try.

Moderate taxes, high evasions cannot coexist: Finance Minister

Moderate taxes, high evasions cannot coexist: Finance Minister

 Amid intense speculation over the rate of Goods and Services Tax (GST), Finance Minister Arun Jaitley today said moderate taxes and high evasions cannot coexist.

Delhi may be first state to ratify GST Bill, calls assembly session from Aug 22

Delhi may be first state to ratify GST Bill, calls assembly session from Aug 22

Delhi is likely to be the first state in the country to ratify the Goods and Services Tax (GST) Amendment Bill, with Home Minister Satyendra Jain on Tuesday saying the Delhi Government will convene an assembly session from August 22 to Bill passed by Parliament.

GST implementation not before April 2018: Deutsche Bank

GST implementation not before April 2018: Deutsche Bank

According to the global financial services major, though the government would ideally like to launch GST from April 2017, it is unclear whether administrative and technological set-up required to make the transition will be up and running by then.

Implementation of GST to give job market a fillip: Experts

Implementation of GST to give job market a fillip: Experts

GST rollout across the country will improve ease of doing business and encourage industries to expand their operations, which in turn will help boost job opportunities, experts say.

Govt unveils roadmap for implementation of GST

Govt unveils roadmap for implementation of GST

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GST Bill finally gets Rajya Sabha nod; govt to announce its implementation roadmap today

GST Bill finally gets Rajya Sabha nod; govt to announce its implementation roadmap today

With Rajya Sabha approving the long-delayed GST bill, the Narendra Modi government will on Thursday announce the implementation roadmap for the national sales tax regime.

GST rollout, infra funding an uphill climb for India: Moody's

GST rollout, infra funding an uphill climb for India: Moody's

Implementation of the Goods and Services Tax (GST) and bridging large infrastructure deficit are a difficult task before the Indian government, Moody's Investors Service said on Wednesday.

GST implementation: Check out the several risks involved!

GST implementation: Check out the several risks involved!

Even as the government and the Opposition are locked in hot debate in the Parliament over the passing of the Goods and Servive Tax (GST) Bill, the Finance Ministry Committee has listed several risk factors involved in the implementation of the bill.

India Inc welcomes GST panel recommendations

Noting GST is expected to add about 2 percent to the GDP.

Ficci welcomes panel report, says GST to add 2% to GDP

Welcoming the recommendations put forth by the Arvind Subramanian panel on GST, Ficci on Friday said rollout of the tax reform will add 2 percent to India's growth and usher in efficiency and transparency in the indirect tax regime.

GST logjam: CEA Arvind Subramanian Panel suggests dropping 1% additional tax

GST logjam: CEA Arvind Subramanian Panel suggests dropping 1% additional tax

In recommendations aimed at breaking the GST logjam, a panel headed by Chief Economic Advisor Arvind Subramanian on Friday suggested dropping additional one percent tax on inter-state sales over and above the Goods and Services Tax (GST) rate.

Government panel suggests standard GST rate of 17-18%

Government panel suggests standard GST rate of 17-18%

A government panel has suggested a standard rate of 17-18 percent under the proposed goods and services tax (GST), the country`s Chief Economic Adviser Arvind Subramanian told reporters on Friday.