Govt introduces GST Bill for passage in Rajya Sabha

Last Updated: Tuesday, August 11, 2015, 09:06

The government on Tuesday introduced the much-awaited bill on GST for passage in the Rajya Sabha even as doubts persists if the opposition Congress will allow passage of the Constitution Amendment Bill.

Govt lists GST Bill for passage in Rajya Sabha on Tuesday

Last Updated: Monday, August 10, 2015, 21:25

The Revised List of Business of Rajya Sabha said Finance Minister Arun Jaitley will move the Constitution (One Hundred and Twenty-second Amendment) Bill, 2014, incorporating recommendations made by a House Select Committee.

GST to encourage local production of incense sticks

Last Updated: Sunday, August 9, 2015, 13:35

The incense sticks industry is eagerly waiting for the implementation of the Goods and Services Tax, which it feels will offer greater flexibility for the sector in terms of promoting local production.

Keep agri-produce out of GST ambit: PHD Chamber

Last Updated: Friday, August 7, 2015, 21:54

Arguing that expenses related to food constitute a sizeable portion of lower-income households, PHD Chamber Friday said that agriculture and agri-produce including food processing industry should be kept out of GST.

Arun Jaitley regrets delay in GST rollout

Last Updated: Wednesday, August 5, 2015, 22:02

Citing slowdown in China, Finance Minister Arun Jaitley Wednesday said India has a chance to become a global manufacturing hub but regretted that Congress was not allowing GST rollout which alone could push GDP by 1 to 2 percent.

Parliamentary logjam holding up GST, other key bills: CII

Last Updated: Tuesday, August 4, 2015, 17:01

Continued logjam in Parliament is delaying passage of key Bills like GST, which are crucial for economic growth, industry body CII said Tuesday.

GST a Congress Bill, party's negativism hurting economy: Arun Jaitley

Last Updated: Sunday, August 2, 2015, 14:39

Racing against time to get the GST bill cleared from Parliament, Finance Minister Arun Jaitley Sunday attacked the Congress for blocking the legislation that it had itself brought in and said 'obstructionist' tendencies and negativism were hurting the country and its economy.

Reasonable rates are key to success of GST: Government

Last Updated: Thursday, July 30, 2015, 15:50

As union cabinet approved changes to the GST Bill suggested by a Rajya Sabha committee, the government on Thursday said it is currently working on the rates to be implemented for the proposed reforms to India`s indirect tax regime.

FinMin working for a reasonable GST rate: Revenue Secy

Last Updated: Thursday, July 30, 2015, 11:20

A day after Cabinet approved incorporation of changes in the landmark GST Bill as suggested a Rajya Sabha Select panel, Finance Ministry Thursday said it is working closely on a "reasonable" GST rate.

Govt clears GST amendments, states to be compensated for 5 years

Last Updated: Wednesday, July 29, 2015, 20:55

The Cabinet decided that the modalities for levy of 1 percent tax over and above the GST rate by states as well as the 'band' rate would be finalised while framing the rules, sources said.

Cabinet approves amendments to GST Bill

Last Updated: Wednesday, July 29, 2015, 20:27

The Union Cabinet on Wednesday approved amendments as proposed by Rajya Sabha Select Panel on GST Constitution Amendment Bill.

GST rate at 20% good for industry, consumers: Experts

Last Updated: Thursday, July 23, 2015, 15:44

The GST rate of 20 percent, as suggested by a Parliamentary Committee, would benefit the industry and will also not be a burden on consumers, experts say.