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Indirect taxation system News

30 Jun 2017

GST to provide huge impetus to economy: India Inc

The nationwide Goods and Services Tax (GST) will overhaul India's convoluted indirect taxation system and unify the over USD 2 trillion economy with 1.3 billion people into a single market.

17 Mar 2017

Raising tax could at times be a "retrograde" method: FM Jaitley

Government's intention is to increase the revenue base but raising the taxation level could at times be a "retrograde" method, Finance Minister Arun Jaitley said Friday.

10 Sep 2015

Present indirect taxation system complete mess: Arun Jaitley

Union Finance Minister Arun Jaitley Thursday said the present indirect taxation system is in a "complete mess" and sought support of political parties and state governments for implementation of Goods and Service Tax reform.

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