Hope "good sense" prevails on Cong over GST Bill: Sitharaman

Last Updated: Monday, August 31, 2015, 22:53

The Centre, which was forced to back track on land bill issue, today expressed confidence that its key reform measure GST will not meet the same fate hoping "good sense" prevails on the main Opposition party Congress on the issue.

Textiles Ministry pushes for lowest GST slab for industry

Last Updated: Wednesday, August 26, 2015, 23:04

The textiles ministry is making out a case for keeping the industry in the lowest slab of the proposed Goods and Services Tax (GST) and has made a pitch for the same to the Finance Minister.

Arun Jaitley stands firm, says GST Bill will soon see light of day

Last Updated: Monday, August 24, 2015, 21:57

Finance Minister Arun Jaitley Monday said the Constitution Amendment Bill to roll out Goods and Services Tax will soon see the light of day and the Revenue Department is getting ready with three Bills to ensure its implementation.

GST rate to be 'as reasonable as possible': Govt

Last Updated: Thursday, August 20, 2015, 19:14

"Effort of government is to make tax rate reasonable, as reasonable as possible. High tax rate do not achieve the objective of GST," Revenue Secretary Shaktikanta Das said at an Assocham event here.

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.

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.

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.