Last Updated: Thursday, May 7, 2015, 13:37
GST, the new indirect tax regime, is scheduled to be rolled out across the country on April 1, 2016.
Last Updated: Wednesday, May 6, 2015, 18:28
The GST subsumes various central indirect taxes including the Central Excise Duty, Countervailing Duty, Service Tax, etc. It also subsumes state value added tax, octroi and entry tax, luxury tax, etc.
Last Updated: Wednesday, May 6, 2015, 18:14
A Bill seeking to prevent piling up of cheque bounce cases in various courts and help the payee in the case of default, was introduced in Lok Sabha on Wednesday.
Last Updated: Wednesday, May 6, 2015, 16:31
GST, which is proposed to be implemented from April 1, 2016, will subsume excise, service tax, state VAT, entry tax, octroi and other state levies.
Last Updated: Wednesday, May 6, 2015, 13:52
Members in the Lok Sabha on Wednesday came down heavily on BSNL for "poor" services across the country as the government defended the telecom operator saying it has been suffering since the days of UPA government.
Last Updated: Wednesday, May 6, 2015, 13:11
The proposed GST would harmonise a mosaic of state and central levies into a national sales tax which business and policy makers hope would boost manufacturing and reduce corruption.
Last Updated: Wednesday, May 6, 2015, 10:05
The BJP has issued whip for its MPs to be present during the Constitutional amendment for the GST Bill today in the Lok Sabha.
Last Updated: Tuesday, May 5, 2015, 19:20
Opposition members insisted that bill be referred to the Standing Committee on Finance as it was a new bill as opposed to the one brought by the UPA government.
Last Updated: Tuesday, May 5, 2015, 15:38
After several adjournments since morning, the Lok Sabha on Tuesday took up the GST Bill after the Speaker rejected the demand for referring it to Standing Committee.
Last Updated: Tuesday, May 5, 2015, 14:16
Complex regulatory regime and lack of access to affordable credit are impacting the development of food processing sector inspite of various fiscal incentives given by the government, Lok Sabha was informed on Tuesday.
Last Updated: Tuesday, May 5, 2015, 08:39
"Standing Committee and Select Committee have already taken a view on the measure. So there is no point sending it again to the Standing Committee," Trinamool Congress leader Derek O' Brien said.
Last Updated: Friday, May 1, 2015, 14:36
The government is hopeful of getting the GST Constitution Amendment Bill passed in the Lok Sabha next week, paving the way for implementation of the new indirect tax regime from April 2016.
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