Page 201 - Gst

Nagaland Assembly ratifies GST bill

The bill was endorsed by the House by a voice vote following a brief discussion

Congress will support GST; Impact on Goa to be seen: Pratapsinh Rane

Goa Governor has summoned a one-day special session of the state Assembly on August 31 to ratify the GST bill

Madhya Pradesh passes GST Amendment Bill

It became the seventh state to ratify the GST Amendment Bill

GST will have inflationary pressure on tea: Cyrus Mistry

There could be a short term impact of GST but for long term benefit is will be significant added Mistry

Special session of Goa Assembly to ratify GST on August 31

The Constitution (122nd Amendment) Bill, 2014 on GST has already been passed by the Lok Sabha and the Rajya Sabha

Odisha to convene special Assembly session to ratify GST Bill

A proposal in this effect was approved at a cabinet meeting presided over by Chief Minister Naveen Patnaik

Revenue secretary reviews IT preparedness for GST roll out

All authorised banks were directed to ensure their IT systems are in place for networking

Chhattisgarh joins other states to ratify GST

Chief Minister Raman Singh said the GST would be a big leap forward to empower the state

Himachal Pradesh assembly ratifies GST Bill

Bill was passed within 5 minutes without discussion and was supported by both treasury and opposition party BJP

GST Bill likely to be discussed in UP assembly monsoon session

According to reports, the chief minister will also present a supplementary budget of around Rs 25,000 crores for approval

Workflow boost for accountants, advisory firms

Plans are afoot to train 20,000 chartered accountants by March 2017 in different aspects of the GST

State FMs to meet industry chambers to discuss model GST law

The meeting comes in the backdrop of certain procedural issues raised by the trade and industry with regard to implementation of GST

M S Mani & Hardik Shah: Preparing for the transition to GST

GST is not just a tax change but more of a business change, and will be the decade's game changer

Industry chambers meet Adhia, discuss model GST law

Raising concerns over the model GST law, industry chambers today sought more clarity on various issues like dual administrative control, discretionary power of tax authorities and taxation of electricity. At a meeting with Revenue Secretary Hasmukh Adhia, representatives from chambers suggested that terms like 'location of suppliers', 'location of recipient', 'intra- state and inter-state sales' should be clearly defined. During the meeting attended by industry bodies Ficci, CII and Assocham, participants expressed fears that temporary non-inclusion of petroleum products could jack up costs as the industry will not be able to claim tax credit. "Some of the issues raised by Ficci include dual administrative control vested with both the Centre and states, wide discretionary powers given to tax authorities and potential of probable disputes due to separate valuation mechanism prescribed for related party transactions," it said. Also, provisions relating to mandatory ..

GST a legislative accomplishment by Modi: US expert

However, for all the dazzling, potential benefits of a GST, the new regime still faces daunting political hurdles

M Govinda Rao: Tracing GST's evolution as an idea

MODVAT was introduced in 1987 without unifying rates, leading to confusion and loss of revenue

India Inc wants states to migrate to GST at one go

To raise key concerns at meet with empowered Committee of State Finance Ministers on August 30

Telangana Assembly to ratify GST Bill this month

It will happen as early as possible, said State Finance Minister Etela Rajender

Bihar becomes second state to ratify GST Constitution amendment Bill

Last week, Assam became the first state to ratify the GST

GST Bill to be passed in Haryana assembly in Monsoon session

Haryana Finance Minister Captain Abhimanyu said that economic world feels that Bill should me passed quickly in all states