What kind of GST is this that 40% of GDP in terms of value is outside the GST system?
Sources say contentious issues include rates for bidis, cigarettes, biscuits, edible oil, jewellery
Decrease in duty limits is one of the primary concerns which has led SMEs to be cautious of GST
After BS-III vehicle ban, automobile firms in for another shocker
The President's consent and approval of the Assemblies are required for clearing legislative hurdles
Other Opposition parties were surprised that Congress changed its mind within a week
Now, state assemblies must approve a fifth bill before the new tax system can be rolled out
Oppn voiced concern over the bill, said it could lead to administrative overreach and inspector raj
New Delhi, 5 AprilWith an eye on forging opposition unity in Uttar Pradesh for the 2019 Lok Sabha elections and to protest what it calls the Narendra Modi government's "dictatorial" attitude in pushing through key legislations as 'money Bills', the Congress party is likely to support regional parties to stall the passage of a key constitution amendment Bill.But in a rethink, some within the Congress and regional parties are of the view that they should not subject the Goods and Services Tax (GST) related Bills to amendments in the Upper House. Last month, a united opposition had scored a symbolic victory by having the Rajya Sabha adopt five amendments to the Finance Bill, 2017.However, the Lok Sabha had later rejected the amendments as the Finance Bill is a money Bill. The Rajya Sabha today started the discussion on the GST Bills, which is scheduled to be completed on Thursday. GST Bills are also money Bills and Lok Sabha will reject any amendments that Rajya Sabha adopts.Meanwhile, ..
Subramanian Swamy said GSTN will carry out all data processing in the proposed indirect tax regime
Govt has set July 1 as date for rollout of new indirect tax regime GST
GST related issues may turn out to be tricky for companies as well as other stakeholders
GST is a destination-based tax on consumption of goods and services
Here's a look back at how GST took shape over 11 years
In last few years, the Narendra Modi government has altered the federal architecture of the country
While Gujarat is best prepared to implement GST, others will shift within a month
SMEs are just about kicking off their preparations by appointing consultants," says Sachin Menon
The objective of the central and state governments has been to close as much litigation as possible
Though FDI inflow has been on the rise in the past three years, it is mostly on account of services
Business Standard evaluates the preparedness of India Inc and states