The new MoS Finance says Congress party's demand for capping the GST rate in the Constitution was 'not practical' and the government is trying for a consensus
Its sector impact analysis suggests implementation of the GST will be generally positive for consumption-related sectors
Nitish Kumar says he is against GST cap, after meeting finance minister
Rajya Sabha discusses Kashmir, with Rajnath blaming Pak and oppn suggesting all-party delegation got there
All-party meet addressed by PM, who urges consensus, cites national interest; stands yet to be formalised
'Broad consensus [on GST] has emerged. Still there are certain points which are to be addressed by the Finance Minister'
Stating that several people are in favour of the GST Bill as they are pro-development, Naidu said this would not only benefit the Centre but also the states
India is globally the fifth-largest media and entertainment market, said a Deloitte report
According to the report, India continues to top the chart on expectations of increasing revenue
The Bill, passed by the Lok Sabha, is pending in the Rajya Sabha, where the government is in a minority
Congress has been pressing for a GST cap of 18% as part of Constitutional Amendment bill with which govt is not in agreement
Finance Minister Arun Jaitley is likely to meet with Azad and Anand Sharma some time on Thursday in an effort to reach a compromise
Gadkari is on a week-long official visit to the US
Putting the ball in the Centre's court, Congress leader Tom Vadakkan said it is about the mindset with which the BJP operates.
Leaders in BJP and senior ministers in Modi govt have asked their friends in Congress to convince their party leadership to support the GST
It needn't be in the Constitution amendment but the subsidiary legislation must do so, it contends
A committee headed by Arvind Subramanian has recommended the standard GST rate be 17-18%
Cong leaders speak in two voices but final stand may be decided at a meeting headed by Rahul Gandhi next week
If the new regime is introduced in 2017, the govt may lose out on cess, surcharge
The party also said BJP as a ruling party hasn't invested the energy and efforts to see that the GST Bill is passed