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Page 203 - Gst

Congress state govts won't be an obstacle on GST, will ratify it soonest: Moily

AAP ruled Delhi could ratify the Bill during assembly session from Aug 22

Congress state govts won't be an obstacle on GST, will ratify it soonest: Moily
Updated On : 08 Aug 2016 | 9:10 PM IST

GST will end tax terrorism, says PM Narendra Modi

He emphasised in Lok Sabha that passage of GST Constitution Amendment Bill by Parliament highlighted success of democratic ethos of country

GST will end tax terrorism, says PM Narendra Modi
Updated On : 08 Aug 2016 | 7:36 PM IST

Why did you oppose GST as Gujarat CM, ask Mallikarjun Kharge

Kharge also said the government should not try to push the GST bill as a money bill

Why did you oppose GST as Gujarat CM, ask Mallikarjun Kharge
Updated On : 08 Aug 2016 | 7:10 PM IST

Except AIADMK, all parties support GST

P Venugopal of ALADMK opposed the bill, saying Tamil Nadu is a manufacturing and originating state which will suffer while consuming states will benefit

Except AIADMK, all parties support GST
Updated On : 08 Aug 2016 | 6:08 PM IST

Mutual funds to become costlier on GST implementation

Investment in mutual funds will become costlier by 300 basis points or 3%, says experts

Mutual funds to become costlier on GST implementation
Updated On : 08 Aug 2016 | 3:51 PM IST

'GST to bring in fresh capital, will benefit Goa in long run'

GST will attract investments to the state in manufacturing sector on account of its better infrastructure

'GST to bring in fresh capital, will benefit Goa in long run'
Updated On : 08 Aug 2016 | 2:59 PM IST

Bill falls short on what we had agreed: T M Thomas Isaac

Interview with Finance Minister of Kerala

Bill falls short on what we had agreed: T M Thomas Isaac
Updated On : 08 Aug 2016 | 3:17 AM IST

GST debate over money versus financial Bills

The Rajya Sabha has no power to amend a money Bill and the ruling coalition does not have a majority in there

GST debate over money versus financial Bills
Updated On : 08 Aug 2016 | 2:22 AM IST

Confident of meeting April deadline for GST rollout: Adhia

However, deadline may be hard to meet if resolution of issues like rate of tax and items to be exempted take longer

Confident of meeting April deadline for GST rollout: Adhia
Updated On : 08 Aug 2016 | 2:12 AM IST

GST may not lead to inflation if tax rate is about 18%: CAIT

Finalisation of the tax rate depends much on the classification of goods and services under the exempted category, and also under nominal tax rate

GST may not lead to inflation if tax rate is about 18%: CAIT
Updated On : 08 Aug 2016 | 2:07 AM IST

GST worries Indian industry

It's suddenly becoming a reality and they're finding a number of worry points; observers suggest they hasten their feedback while there's still time

GST worries Indian industry
Updated On : 08 Aug 2016 | 1:40 AM IST

India Inc's GST worries

It's suddenly becoming a reality and they're finding a number of worry points; observers suggest they hasten their feedback while there's still time

India Inc's GST worries
Updated On : 07 Aug 2016 | 8:20 PM IST

GST Bill to be taken up by Lok Sabha on Monday

PM Modi is likely to intervene during the debate on the Bill in Lok Sabha

GST Bill to be taken up by Lok Sabha on Monday
Updated On : 07 Aug 2016 | 7:13 PM IST

Implementation of GST to give job market a fillip: Experts

The Make in India initiative will get a significant boost as companies would be able to create manufacturing and industrial hubs across the country

Implementation of GST to give job market a fillip: Experts
Updated On : 07 Aug 2016 | 7:07 PM IST

GST: Deutsche Bank doubts 2017 deadline, predicts April 2018

Says, it is unclear whether administrative and technological set-up required to make the transition will be up and running by then

GST: Deutsche Bank doubts 2017 deadline, predicts April 2018
Updated On : 07 Aug 2016 | 4:28 PM IST

India Inc wants GST rate below 20% to keep inflation in check

Companies also want services like telecom, banking, healthcare and railways to be included in the 'merit' list to keep inflation in check

India Inc wants GST rate below 20% to keep inflation in check
Updated On : 07 Aug 2016 | 2:36 PM IST

Andaman and Nicobar forms panel to study GST impact

At present, the UT imposes no sales tax, but only an octroi when any product enters the chain of islands in the Bay of Bengal

Andaman and Nicobar forms panel to study GST impact
Updated On : 07 Aug 2016 | 1:47 PM IST

GST impact: Cars, FMCG items to get cheaper; services dearer

GST will alter the present system of production-based taxation to a consumption-based one

GST impact: Cars, FMCG items to get cheaper; services dearer
Updated On : 07 Aug 2016 | 12:44 PM IST

FPIs stay bullish on India, pump in Rs 2,300 cr in a week

Indian equities have been witnessing positive inflow from foreign investors since March

FPIs stay bullish on India, pump in Rs 2,300 cr in a week
Updated On : 07 Aug 2016 | 11:38 AM IST

Semantic debate on the fine print of GST

The discussion in the meeting of state finance ministers on the empowered committee for the goods and services tax (GST) saw heated debate on the use of the words "may" and "shall". West Bengal Finance Minister Amit Mitra said as much when he said the fine print of GST should be written with no ambiguity. Elaborating on how ambiguous use of words could lead to misinterpretation, he said, "Today the key point is safeguarding states' interest. The language of the constitutional amendment has to be 100 per cent clear. For example, in government files, we often see the use of the word 'may'. In some legal terminology it may mean 'shall'. If it means shall, why not call it 'shall'. I hope, at the end of the day, the language of the constitutional amendment comes out as 'shall'." What people don't know is, things reached such a pass that a dictionary had to be procured to analyse accurately the difference between "may" and "shall".

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Updated On : 06 Aug 2016 | 9:10 PM IST