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.

GST deadline: Early winter session holds key for states' nod

Last Updated: Sunday, September 13, 2015, 10:36

It appears to be a race against time as the government mulls convening an early Winter Session of Parliament to ensure rollout of the ambitious nationwide indirect tax regime GST by April next.

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.

Congress should allow GST passage for accelerating growth: Naidu

Last Updated: Saturday, September 5, 2015, 20:38

Racing against time to ensure passage of GST Bill in Parliament, government on Saturday said it wants an extended Monoson session so that the Constitutional amendment bill can be approved and appealed to Congress to support the key reform to accelerate the country's growth.

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.

GST would propel India's growth: Adi Godrej

Last Updated: Thursday, August 27, 2015, 22:49

Singling out GST as a key for driving growth, Godrej Group Chairman Adi Godrej on Thursday said implementing it alone can propel India's growth rate to double digits.

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.

Bank stocks make significant gains; Yes Bank jumps 8%

Last Updated: Tuesday, August 25, 2015, 19:18

Most bank stocks were in demand Tuesday with Yes Bank gaining 8 percent mainly on value buying, a day after recording heavy losses.

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.