Page 209 - Gst

GST passage crucial to monsoon session success

Govt confident of AIADMK help on GST

GST may stifle innovation in e-commerce space: IAMAI

Industry body says the Bill's chapter on the sector has some definitional problems that can lead to unnecessary confusion

New Rajya Sabha math emboldens govt to make renewed push for GST

Monsoon session likely to start in third week of July

'GST will make doing business difficult for internet services'

The Good and Services Tax (GST) might make it complicated for internet services providers to do business in India, industry body Internet & Mobile Association of India (IAMAI) said on Tuesday.According to the new GST Bill, digital intermediaries are no different from other types of business agents, which means internet companies will no longer be eligible for safe-harbour provisions provided under Section 79 of the Information Technology Act.The safe-harbour provision of the Act states that the intermediary's role has to be "limited to providing access to a communication system". "If internet companies are now recognised to be 'carrying on the business on behalf of another', according to the GST Bill, they will be held responsible for the hosted content on their platforms," said IAMAI, which represents giants such as Google, Flipkart, Facebook and Airtel Money.These restrictions would be applicable to social networking sites, online marketplaces, etc, and it could have a detrimenta

GST will improve tax-to-GDP ratio: Subramanian

He also termed the proposed tax system - along with strategic disinvestment and twin balance sheets - as the government's major pending agenda

GST coming in 6-8 months, J&K must participate: Arun Jaitley

GST bill, which is aimed at overhauling taxation system is expected to be taken up during upcoming Monsoon session due next month

GST: Preparing for tax litigation

Though the draft model GST law is still work in progress, tax experts share their insights on the likely litigation landscape under the proposed indirect tax regime

'Buy 1 get 1 free' deals to come under GST

Buyers will have to pay GST on articles they receive free

GST will not be game-changer, says Subramanian Swamy

India Inc, however, has been pegging an increase of upto 2 percentage points in the GDP growth just by the passage of this legislation

FAQs based on draft GST legislation

As, GST, inches closer to finishing line here are a set of 'frequently asked questions' based on the draft legislation

GST draft law: E-commerce firms to approach govt for seeking relief

Have problems with proposed requirements on tax collections at source, refund system & information returns, among others

Get it right

Centre must now work towards a flawless GST

Why is Tamil Nadu objecting to GST?

Worried about autonomy of states and revenue loss under GST would be around Rs 9,270 crore for the state

GST draft law brings all online purchases under its purview

The tax, in lieu of local levies, will be imposed at the first point of a financial transaction

Congress for passage of GST bill, if its concern addressed: Ghulam Nabi Azad

Rajya Sabha Ghulam Nabi Azad told that the party does not want to make it a major issue if the government agreed to the amendments sought by it and some other parties

India Inc hails model GST law, expects rollout from next fiscal

The government has put up the model GST legislation for public consultations and hoped to get the bill passed during the monsoon session of Parliament starting next month

Odisha supports GST, claims Rs 2,755 crore as CST compensation

Odisha's claim was made at the meeting of the Empowered Committee of State Finance Ministers on GST, held in Kolkata

All states except Tamil Nadu support GST: Arun Jaitley

There is complete consensus among states that there will be no constitutional cap on rates of taxation, said Jaitley

Jaitley shoots down Congress party's demand to cap GST

After meeting state finance ministers, Jaitley said there was a consensus among Indian states against the Congress party's stand

State finance ministers to meet this week to discuss model GST law

FM Arun Jaitley will participate in the meeting of Empowered Committee of State Finance Ministers and try to iron out differences