GST Bill: Traders want PM Modi to hold special session

Last Updated: Monday, August 17, 2015, 23:12

The Confederation of All India Traders (CAIT) has called upon the Prime Minister to convene a special session of Parliament soon to pass the deadlocked GST Bill and has asked parties not to play a "political innings" on the issue.

Use postponement period to fix transitional probs: Shome on GST

Last Updated: Monday, August 17, 2015, 22:45

Former chairman of Tax Administrative Reforms Commission Parthasarathi Shome Monday said government should utilise the postponement period to fix transitional issues relating to Goods and Service Tax (GST).

In run-up to GST, FinMin rechristens Service Tax directorate

Last Updated: Sunday, August 16, 2015, 19:41

Even as the Modi government is yet to cross the Parliamentary hurdle before it can roll out a uniform tax regime, it has rechristened Mumbai-based Directorate General of Service Tax as Directorate General of Goods and Service Tax (DGGST), and shifted it to Delhi.

Very optimistic on passage of GST, other bills: Sitharaman

Last Updated: Friday, August 14, 2015, 17:28

Government on Friday said it is 'very optimistic' of getting the much stalled reform bills like GST passed in Parliament despite strident disruptions by the Congress seen in the just ended Monsoon Session.

Govt will find out alternative ways to implement GST: Goyal

Last Updated: Friday, August 14, 2015, 15:41

He ruled out Ordinance route for GST, saying constitutional amendments cannot be implemented by Ordinances.

GST: Session not prorogued, govt options open

Last Updated: Thursday, August 13, 2015, 18:36

Government on Thursday appeared to be keeping its options open on convening a special session of Parliament for enacting the GST law on which Finance Minister Arun Jaitley declared that it was determined to stick to the rollout deadline of April 1, 2016.

Nifty tanks 113 points on weak global cues

Last Updated: Wednesday, August 12, 2015, 20:29

The benchmark Nifty tanked 112.90 points to end below the crucial 8,400-level Wednesday, mainly dragged down by selling in realty, metals, energy, banking and financials space reacting to weak global cues after China devalued its currency yesterday.

Sensex sinks 354 points; extends rout on yuan, reform worries

Last Updated: Wednesday, August 12, 2015, 17:15

The NSE Nifty index went below the crucial 8,400-mark before settling lower 112.90 points, or 1.33 percent, at 8,349.45.

GST watered down, can still add 0.6% to GDP growth: HSBC

Last Updated: Wednesday, August 12, 2015, 13:30

Terming GST as one of the most promising reforms on anvil, global giant HSBC on Wednesday said the bill has been "watered down" but can still add a "sizeable" 60 basis points to India's GDP growth rate.

GST rollout difficult from April if bill not passed now: Mani

Last Updated: Tuesday, August 11, 2015, 19:29

It will become "very difficult" to roll out the new indirect tax regime by the April 2016 target if GST bill is not passed in the current session of Parliament, Chairman of Empowered Committee of State Finance Ministers K M Mani said Tuesday.

Government introduces GST Bill in Rajya Sabha amid ruckus

Last Updated: Tuesday, August 11, 2015, 16:10

Amid ruckus by opposition members in the Rajya Sabha, Finance Minister Arun Jaitley on Tuesday introduced a constitutional amendment bill to enable implementation of goods and services tax (GST) in the country.