Sikka said there are many pockets where there is weak preparedness at this moment
Neutrality and jurisdiction in international trade need to be discussed threadbare before GST is implemented in India
Anurag Thakur said that image of a nation, including that of the US, cannot be based on one big event or incident
Survey said, companies are concerned about the timing of implementation of GST and fixing of rate at which tax will be charged
All-powerful body gets Cabinet nod; decision on tax rate, exempted goods and threshold likely by 22 Nov
Government of India holds 24.5 per cent stake in GSTN while state governments together hold another 24.5 per cent
The first meeting of the Council is expected to take place on September 22-23, as govt targets April 2017 for GST rollout
It will decide on the tax rate, recommend taxes to be subsumed and exempted from GST, threshold for levy of tax
Biggest tax reform was needed to be ratified by at least 15 state legislatures before the President could notify the GST Council
Central Board of Excise and Customs likely to be renamed Central Board of Indirect Taxes in transition to new GST regime
Union finance minister will head the GST Council that will comprise state finance ministers
Meghalaya became the 17th and the second Congress-ruled state after Himachal Pradesh to ratify the GST Bill
Meghalaya became the 17th and the second Congress-ruled state after Himachal Pradesh to ratify the GST Bill
Clears way for setting up of GST Council
Retail, e-commerce, FMCG firms preparing a policy on fewer but bigger warehouses
The government plans to roll out the new indirect tax regime from April 1, 2017
FM rules out privatisation of public sector banks
The challenges before the government, he said, is to put public sector banks back on track, continue
A senior official also indicated that the Central GST and integrated GST Bills would be money Bills instead of Finance Bills, as the Opposition has demanded
States can only opt for another structure, but experts say that might not be sustainable, once the Constitution amendment Bill becomes a law