State FMs to meet on Sep 15 to finalise model GST legislations

Last Updated: Sunday, September 13, 2015, 12:04

"The September 15 meeting of the Empowered Committee will discuss the model draft legislations that will be needed for implementing GST," an official said.

Congress cannot 'derail' GST: FM Jaitley

Last Updated: Friday, September 11, 2015, 15:49

Jaitely said the country's politics was getting polarised between those who want India to grow and those who want to block it.

Government retreats on parliament plan for GST

Last Updated: Wednesday, September 9, 2015, 14:44

The government has given up plans to reconvene a parliament session to secure approval for a common goods and services tax (GST) because of lack of political support, Finance Minister Arun Jaitley said on Wednesday, making it harder to meet an April 2016 deadline to implement the reform.

FM Jaitley still wants Goods and Services Tax by April 2016

Last Updated: Wednesday, September 9, 2015, 09:48

Addressing an economic conference, Jaitley said the current global economic situation presented an opportunity for India. It was important, he added, to stay on the path of reform and build momentum to achieve a higher level of growth.

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 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.

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.

GST Bill: 10 Key facts you should know

Last Updated: Tuesday, August 11, 2015, 09:31

GST is expected to streamline the taxation system and cut down multiplicity of compliance and cascading effect of taxes.

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.

Moody's expects RBI to cut rate to boost growth

Last Updated: Thursday, July 30, 2015, 17:21

With less than a week left for the RBI's next monetary policy, Moody's on Thursday said there is room for rate cut and expressed hope that the central bank would reduce it by 0.25 percent to push growth.

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.