Arun Jaitley Gst Bill

In its 26th meeting, Arun Jaitley-chaired GST Council decided that electronic way or e-way bill between states will be implemented from April 1.

Technical glitches in issuing GST e-way bills have left the government with no choice but to look for another day to make the system compulsory for transporters. E-way bills are documents that transporters must carry while moving goods whose value is above Rs 50,000 between states under the national tax introduced in July last year. The e-way bills...

In yet another unexpected move, the Lok Sabha has approved a bill to hike Cess on luxury vehicles from 15 per cent to 25 per cent. The Cess will be applicable along with the 28 per cent GST that is already applicable on cars that are over the 4-metre length category. In a statement, the Finance Minister Arun Jaitley said that the Cess on luxury car...

Headed by Finance Minister Arun Jaitley, the meeting will be held via video conferencing

The Council, headed by Finance Minister Arun Jaitley and comprising representatives of all states, also finalised the e-way bill that mandates pre-registration of all goods worth over Rs 50,000 before they are moved for sale beyond 10 km.

Movement of goods between states has smoothened with 25 out of 29 states abolishing checkposts, CBEC Chairperson Vanaja Sarna said.

Finance Minister Arun Jaitley has launched a mobile app 'GST Rates Finder' to help any person who has purchased a footwear or has been billed by a hotel to cross verify the correctness of the rate of GST charged.

Weeks before India ushers in the goods and services tax or Goods and Services Tax or GST regime - billed as the biggest tax reform to create a uniform Indian market - the powerful GST council cut tax rates for 66 items.

"Telecom industry hails GST as an iconic reform but we are disappointed with announced rate of 18 percent," said Rajan S Mathews, Director General, Cellular Operators' Association of India (COAI).

After sterling and cross-party work to bring the Goods and Services Tax (GST) regime into effect, it was disappointing that the BJP-led government introduced the GST Bills in Parliament as Money Bills. This allowed it to essentially bypass the Rajya Sabha, ignore its views, and let the government romp home on the basis of its Lok Sabha majority.

Now, state assemblies must approve a fifth bill before the new tax system can be rolled out. Finance Minister Arun Jaitley has set July 1 as the launch date of GST.

Four Goods and Tax, or GST related bills, sailed through the Rajya Sabha or upper house of Parliament without amendments today, with the largest party - Congress - voting for the bills and against changes sought by other opposition parties. Just before the House voted, former Prime Minister Manmohan Singh asked his party not to seek changes.

The Finance Bill 2017 has been approved by parliament, with the Lok Sabha on Thursday rejecting five amendments that were proposed by opposition parties and adopted on Wednesday by the Rajya Sabha, where the government is in a minority.

Goods and Services Tax or GST is expected to boost economic growth by about 0.5 percentage points in its first year of implementation.

Moving ahead with its plans for a July 1 rollout of the landmark tax reform - a national Goods and Services Tax or GST - Finance Minister Arun Jaitley today said that the four main rates or slabs of the new tax are necessary. All the four bills supporting the GST have been passed in parliament.

In its 26th meeting, Arun Jaitley-chaired GST Council decided that electronic way or e-way bill between states will be implemented from April 1.

Technical glitches in issuing GST e-way bills have left the government with no choice but to look for another day to make the system compulsory for transporters. E-way bills are documents that transporters must carry while moving goods whose value is above Rs 50,000 between states under the national tax introduced in July last year. The e-way bills...

In yet another unexpected move, the Lok Sabha has approved a bill to hike Cess on luxury vehicles from 15 per cent to 25 per cent. The Cess will be applicable along with the 28 per cent GST that is already applicable on cars that are over the 4-metre length category. In a statement, the Finance Minister Arun Jaitley said that the Cess on luxury car...

Headed by Finance Minister Arun Jaitley, the meeting will be held via video conferencing

The Council, headed by Finance Minister Arun Jaitley and comprising representatives of all states, also finalised the e-way bill that mandates pre-registration of all goods worth over Rs 50,000 before they are moved for sale beyond 10 km.

Movement of goods between states has smoothened with 25 out of 29 states abolishing checkposts, CBEC Chairperson Vanaja Sarna said.

Finance Minister Arun Jaitley has launched a mobile app 'GST Rates Finder' to help any person who has purchased a footwear or has been billed by a hotel to cross verify the correctness of the rate of GST charged.

Weeks before India ushers in the goods and services tax or Goods and Services Tax or GST regime - billed as the biggest tax reform to create a uniform Indian market - the powerful GST council cut tax rates for 66 items.

"Telecom industry hails GST as an iconic reform but we are disappointed with announced rate of 18 percent," said Rajan S Mathews, Director General, Cellular Operators' Association of India (COAI).

After sterling and cross-party work to bring the Goods and Services Tax (GST) regime into effect, it was disappointing that the BJP-led government introduced the GST Bills in Parliament as Money Bills. This allowed it to essentially bypass the Rajya Sabha, ignore its views, and let the government romp home on the basis of its Lok Sabha majority.

Now, state assemblies must approve a fifth bill before the new tax system can be rolled out. Finance Minister Arun Jaitley has set July 1 as the launch date of GST.

Four Goods and Tax, or GST related bills, sailed through the Rajya Sabha or upper house of Parliament without amendments today, with the largest party - Congress - voting for the bills and against changes sought by other opposition parties. Just before the House voted, former Prime Minister Manmohan Singh asked his party not to seek changes.

The Finance Bill 2017 has been approved by parliament, with the Lok Sabha on Thursday rejecting five amendments that were proposed by opposition parties and adopted on Wednesday by the Rajya Sabha, where the government is in a minority.

Goods and Services Tax or GST is expected to boost economic growth by about 0.5 percentage points in its first year of implementation.

Moving ahead with its plans for a July 1 rollout of the landmark tax reform - a national Goods and Services Tax or GST - Finance Minister Arun Jaitley today said that the four main rates or slabs of the new tax are necessary. All the four bills supporting the GST have been passed in parliament.