gst - Latest News on gst | Read Breaking News on Zee News

Govt to resolve issues hampering GST roll out within this year

Last Updated: Friday, July 18, 2014, 13:42

Government is aiming to resolve the issues hampering GST roll out within this year, Finance Minister Arun Jaitley informed the Lok Sabha today.

NDA govt might unveil reform agenda post budget?

Last Updated: Thursday, July 17, 2014, 09:28

Even though the big event of Budget has passed, it is not unlikely that bold reform measures could be taken now.

Centre confident of consensus with states on GST: Revenue Secy

Last Updated: Tuesday, July 15, 2014, 22:11

The Finance Ministry Tuesday expressed the confidence that Centre and States will reach a broad consensus on the proposed Goods and Services Tax (GST) in the current fiscal.

Govt hopes to finalise GST contours this year: Jaitley

Last Updated: Thursday, July 10, 2014, 12:30

The UPA government in 2011 introduced a Constitution Amendment Bill in the Lok Sabha to pave the way for introduction of GST.

Economic Survey 2013-14: Bad taxes like cess, surcharge need to go

Last Updated: Wednesday, July 09, 2014, 19:14

Referring to the Goods and Services Tax, the survey said there is consensus that the GST will be a major milestone for indirect tax reform in India.

Tech firms seek clarity on taxes, GST implementation in Budget

Last Updated: Sunday, July 06, 2014, 12:42

Technology majors, software services firms and industry bodies like Nasscom expect the Modi government to focus on leveraging ICT for economic growth.

Govt to sort out compensation issues for early GST roll-out: FM

Last Updated: Thursday, July 03, 2014, 21:06

Finance Minister Arun Jaitley Thursday said the Centre would sort out compensation issues with states to ensure early roll-out of Goods and Service Tax, a new indirect tax regime that will subsume various levies.

States want GST, only some concerns to be addressed: Rather

Last Updated: Thursday, July 03, 2014, 18:02

Raising hopes of early implementation of GST, Empowered Committee Chairman and Jammu and Kashmir Finance Minister Abdul Rahim Rather Thursday said that all states are on board and only some concerns need to be addressed by the Centre.

GST implementation will help narrow fiscal deficit: CRISIL

Last Updated: Monday, June 23, 2014, 17:32

Fiscal deficit, the gap between government's expenditure and revenue, stood at 4.5 percent in FY14, lower than 4.9 percent in FY13.

Roll out GST, reduce subsidies, World Bank advises India

Last Updated: Friday, June 20, 2014, 17:00

Ahead of the Modi-government's first budget, the World Bank on Friday suggested that India should roll out GST, reduce subsidies and broaden tax base to promote growth, projecting it to be lower at 5.5 percent for 2014-15, from the earlier forecast of 5.7 percent.

FHRAI asks govt to rationalise taxes in hospitality sector

Last Updated: Tuesday, June 10, 2014, 16:09

FHRAI also said the GST should subsume, without any exceptions, all central and state-level indirect levies (including luxury tax, entry tax etc) and a composite tax rate applicable to the tourism sector under GST to be capped at 8 percent.

Govt's agenda is insightful, praiseworthy: India Inc

Last Updated: Monday, June 09, 2014, 20:55

The agenda of the new government chalked out by President Pranab Mukherjee in Parliament is insightful and praiseworthy, India Inc said.