Gst Amendment Bill
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Lok Sabha Passes CGST Amendment Bill: All You Need To Know
Union Finance Minister Nirmala Sitharaman said that the changes were required to align the CGST Act, 2017 with the Tribunal Reforms Act, 2021.
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Parliament Passes Bill to Levy 28 Percent GST on Online Games; Offshore Gaming Firms to Need Registration
Parliament on Friday approved amendments to the Central and Integrated GST laws to levy 28 percent tax on the full face value of bets in online gaming, casinos and horse race clubs. The CGST amendment bill defines 'online gaming' as a game on the internet or an electronic network.
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Five Things To Know About GST, India's Biggest Tax Reform
A radical new Indian tax came a step closer to reality Wednesday after a bill paving the way for its implementation cleared the upper house of parliament.
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10 Points Explaining What Landmark Tax Reform GST Means For You
Finance Minister Arun Jaitley has introduced for final clearance by parliament the proposal for India's most transformative tax reform in decades. The Rajya Sabha or Upper House is expected today to vote in favour of a national Goods and Services Tax or GST which will for the first time convert India into a single market.
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1 Per Cent Additional Tax Goes Against Spirit Of GST: Former RBI Governor
The proposed one per cent additional tax on inter-state sales is against the spirit of Goods and Services Tax (GST) and that should not be implemented, former Reserve Bank of India (RBI) Governor C Rangarajan said.
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IMF Says Early GST Roll-out to Help Create More Jobs, Boost Output
Pitching for an early take-off of the Goods and Services Tax (GST), IMF Managing Director Christine Lagarde on Wednesday said it will help India create more jobs, increase revenue as well as promote domestic manufacturing.
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Government Looking for Common Ground on GST: Union Minister Jayant Sinha
Amid opposition from the Congress party on the Goods and Services Tax (GST) Bill, Minister of State for Finance Jayant Sinha today expressed hope that it would be passed soon as the government is willing to consider the suggestions being made and will find "some common ground for everyone".
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Congress 'Strongly' Believes in GST, NDA Has to Reach Out: Rahul Gandhi
On the eve of winter session of Parliament, Rahul Gandhi today said Congress "strongly" believed in the Goods and Services Tax (GST), but the government should reach out to the opposition on certain issues, including the cap on rate.
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Opposition to Corner Government over 'Intolerance' Issue in Parliament
Winter session of Parliament beginning tomorrow is set to be stormy with Opposition parties closing ranks to target the National Democratic Alliance (NDA) government on issues including 'intolerance' even as the ruling dispensation, which is keen to pass the Goods and Services Tax (GST) bill, expressed its readiness to discuss all issues.
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Hopeful of Rolling out GST in 2016, PM Modi Says in Singapore
Prime Minister Narendra Modi has said his government is hopeful of rolling out the Goods and Services Tax in 2016. The bill to introduce the tax regime has already been introduced in Parliament, he told investors at the India-Singapore Economic Convention in Singapore this afternoon.
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8 Forms for Filing Tax Returns Likely in Proposed GST Regime
The proposed Goods and Services Tax (GST) regime is likely to provide for monthly filing of returns for business to business dealings through a set of eight forms for different categories of transactions.
-
Model Goods and Services Tax Laws Circulated by Centre to States
With the drafting of the model Goods and Service Tax (GST) as well as an integrated-GST or iGST law completed by the Centre and states, it is likely to be put in the public domain by early next month.
-
For Tax Reform GST, Government Plans Rescue Mission: 10 Developments
Prime Minister Narendra Modi's reform agenda suffered a major blow on Thursday when the Monsoon Session of Parliament ended without approving the biggest ever tax reform for India.
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Parliamentary Logjam Holding up GST, Hurting Economy: Industry Body
The current logjam in Parliament has become a cause of worry for the Indian industry, as it is delaying the passage of bills like Goods and Services Tax (GST), which are crucial for economic growth, according to Confederation of Indian Industry or the CII.
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Government Clears GST Amendments, States to be Compensated for 5 Years
The Cabinet on Wednesday approved amendments to the GST (Goods and Services Tax) Bill to compensate states for revenue loss for five years on introduction of the uniform nationwide indirect tax regime, as has been suggested by the Rajya Sabha select committee.
-
Lok Sabha Passes CGST Amendment Bill: All You Need To Know
Union Finance Minister Nirmala Sitharaman said that the changes were required to align the CGST Act, 2017 with the Tribunal Reforms Act, 2021.
-
Parliament Passes Bill to Levy 28 Percent GST on Online Games; Offshore Gaming Firms to Need Registration
Parliament on Friday approved amendments to the Central and Integrated GST laws to levy 28 percent tax on the full face value of bets in online gaming, casinos and horse race clubs. The CGST amendment bill defines 'online gaming' as a game on the internet or an electronic network.
-
Five Things To Know About GST, India's Biggest Tax Reform
A radical new Indian tax came a step closer to reality Wednesday after a bill paving the way for its implementation cleared the upper house of parliament.
-
10 Points Explaining What Landmark Tax Reform GST Means For You
Finance Minister Arun Jaitley has introduced for final clearance by parliament the proposal for India's most transformative tax reform in decades. The Rajya Sabha or Upper House is expected today to vote in favour of a national Goods and Services Tax or GST which will for the first time convert India into a single market.
-
1 Per Cent Additional Tax Goes Against Spirit Of GST: Former RBI Governor
The proposed one per cent additional tax on inter-state sales is against the spirit of Goods and Services Tax (GST) and that should not be implemented, former Reserve Bank of India (RBI) Governor C Rangarajan said.
-
IMF Says Early GST Roll-out to Help Create More Jobs, Boost Output
Pitching for an early take-off of the Goods and Services Tax (GST), IMF Managing Director Christine Lagarde on Wednesday said it will help India create more jobs, increase revenue as well as promote domestic manufacturing.
-
Government Looking for Common Ground on GST: Union Minister Jayant Sinha
Amid opposition from the Congress party on the Goods and Services Tax (GST) Bill, Minister of State for Finance Jayant Sinha today expressed hope that it would be passed soon as the government is willing to consider the suggestions being made and will find "some common ground for everyone".
-
Congress 'Strongly' Believes in GST, NDA Has to Reach Out: Rahul Gandhi
On the eve of winter session of Parliament, Rahul Gandhi today said Congress "strongly" believed in the Goods and Services Tax (GST), but the government should reach out to the opposition on certain issues, including the cap on rate.
-
Opposition to Corner Government over 'Intolerance' Issue in Parliament
Winter session of Parliament beginning tomorrow is set to be stormy with Opposition parties closing ranks to target the National Democratic Alliance (NDA) government on issues including 'intolerance' even as the ruling dispensation, which is keen to pass the Goods and Services Tax (GST) bill, expressed its readiness to discuss all issues.
-
Hopeful of Rolling out GST in 2016, PM Modi Says in Singapore
Prime Minister Narendra Modi has said his government is hopeful of rolling out the Goods and Services Tax in 2016. The bill to introduce the tax regime has already been introduced in Parliament, he told investors at the India-Singapore Economic Convention in Singapore this afternoon.
-
8 Forms for Filing Tax Returns Likely in Proposed GST Regime
The proposed Goods and Services Tax (GST) regime is likely to provide for monthly filing of returns for business to business dealings through a set of eight forms for different categories of transactions.
-
Model Goods and Services Tax Laws Circulated by Centre to States
With the drafting of the model Goods and Service Tax (GST) as well as an integrated-GST or iGST law completed by the Centre and states, it is likely to be put in the public domain by early next month.
-
For Tax Reform GST, Government Plans Rescue Mission: 10 Developments
Prime Minister Narendra Modi's reform agenda suffered a major blow on Thursday when the Monsoon Session of Parliament ended without approving the biggest ever tax reform for India.
-
Parliamentary Logjam Holding up GST, Hurting Economy: Industry Body
The current logjam in Parliament has become a cause of worry for the Indian industry, as it is delaying the passage of bills like Goods and Services Tax (GST), which are crucial for economic growth, according to Confederation of Indian Industry or the CII.
-
Government Clears GST Amendments, States to be Compensated for 5 Years
The Cabinet on Wednesday approved amendments to the GST (Goods and Services Tax) Bill to compensate states for revenue loss for five years on introduction of the uniform nationwide indirect tax regime, as has been suggested by the Rajya Sabha select committee.
