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Centre, States Equal Stakeholder In GST, Revenues Shared Equally: Report
Amid news regarding the impact of the 'Next Gen GST', government sources clarified that the Centre is an equal partner in revenue sharing with the states and that its proposal anticipates a revenue boost over time, driven by increased consumption.
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"Tamil Nadu Will Be Hit Harder": MK Stalin On Trump Tariffs
Tamil Nadu Chief Minister M K Stalin has written to Prime Minister Narendra Modi, warning that the steep US tariff hikes on Indian imports could deal a crippling blow to the state's export-driven economy.
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Gujarat Cops File Case Over Deepfake Video Of Nirmala Sitharaman
Gujarat Police has registered an FIR against a person for sharing a deepfake video of Union Finance Minister Nirmala Sitharaman on GST, state minister Harsh Sanghavi said on Tuesday.
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Oppo, Vivo, Xiaomi Found Evading Tax Worth Rs. 9,000 Crore; Rs. 1,630 Crore Recovered So Far: MoS IT
Chinese smartphone makers, including Oppo Mobile, Vivo India and Xiaomi Technology, have been found evading taxes worth Rs. 9,000 crore in India, Parliament was informed on Friday. Data shared by the Minister of State for Electronics and IT Rajeev Chandrasekhar in Rajya Sabha showed tax evasion comprising customs duty and GST.
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"Thought States Will Benefit...": Mamata Banerjee On GST Bill "Mistake"
Asserting that the Centre has been depriving West Bengal of its share of the Goods and Service Tax collected from the state, Chief Minister Mamata Banerjee on Tuesday said that the decision to support the passage of the GST Bill was wrong.
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Centre Must Release States' GST Share To Help Fight Coronavirus: Congress
Congress leader Randeep Singh Sujrewala on Thursday said the fight against coronavirus will not be fought only at the centre but in every nook and corner of the country.
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Government Ready To Include Petrol, Diesel Under GST: Arun Jaitley
Arun Jaitley pointed out that a large share of duties on petroleum products were levied by the states
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Harbhajan Singh Shares WhatsApp Joke On GST In Food Bills, Twitter Loves It
Harbhajan Singh took to Twitter to take a dig at the taxes levied on food bills by the state and central governments.
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Petrol, Diesel Should Come Under GST, Says Oil Minister: 5 Points
GST came into effect from July 1 but some goods like alcohol and petroleum products have been kept out of its purview.
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Sensex Surges 300 Points On GST Rollout; ITC Posts Biggest Gain In A Year
Indian stock markets moved sharply higher on Monday, boosted by the rollout of GST amid higher global markets. GST or goods or services tax was rolled out from July 1 in biggest tax reform since Independence. Analysts say that GST, which replaced more than a dozen central and state levies, will boost economic growth over the long term and also impr...
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Sensex Cheers GST Regime, Surges 300 Points; ITC Rallies 10%
Indian stock markets moved sharply higher on Monday, boosted by the rollout of GST amid higher global markets. GST or goods or services tax was rolled out from July 1 in biggest tax reform since Independence. Analysts say that GST, which replaced more than a dozen central and state levies, will boost economic growth over the long term and also impr...
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'Good And Simple Tax', Says PM As Mega Reform GST Is Launched: 10 Facts
President Pranab Mukherjee and Prime Minister Narendra Modi pressed a button in parliament's Central Hall at midnight to launch the Goods and Services Tax (GST), India's biggest tax reform ever. The unified tax system, said the President Mukherjee, is "the culmination of a 14-year journey." Speaking before him, PM Modi described GST as Good and Sim...
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Parliament Meets, PM Narendra Modi Underscores Star Status Of GST Reform: 10 Facts
As parliament begins its month-long session today, Prime Minister Narendra Modi emphasised the importance of clearing the landmark reform, the national Goods and Services Tax (GST), which the government wants to roll out on July 1. The PM said he seeks the opposition's cooperation and "a breakthrough on GST." This weekend, the Finance Minister said...
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As Parliament Meets, The Clock's Ticking Loudly For GST Reform: 10 Facts
When parliament meets today for a month-long session, early focus will be on clearing the government's annual budget, which was presented by Finance Minister Arun Jaitley on February 1; MPs will vote on it on the 20th. But superstar status is reserved for the landmark reform, the national Goods and Services Tax (GST), which the government wants to ...
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Centre To Share Model GST Law With States Today
The Centre will share the draft model GST law with the states today as it prepares for the rollout of Goods and Services Tax (GST) from April 1 next year, CBEC Chairman Najib Shah said on Monday.
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Centre, States Equal Stakeholder In GST, Revenues Shared Equally: Report
Amid news regarding the impact of the 'Next Gen GST', government sources clarified that the Centre is an equal partner in revenue sharing with the states and that its proposal anticipates a revenue boost over time, driven by increased consumption.
-
"Tamil Nadu Will Be Hit Harder": MK Stalin On Trump Tariffs
Tamil Nadu Chief Minister M K Stalin has written to Prime Minister Narendra Modi, warning that the steep US tariff hikes on Indian imports could deal a crippling blow to the state's export-driven economy.
-
Gujarat Cops File Case Over Deepfake Video Of Nirmala Sitharaman
Gujarat Police has registered an FIR against a person for sharing a deepfake video of Union Finance Minister Nirmala Sitharaman on GST, state minister Harsh Sanghavi said on Tuesday.
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Oppo, Vivo, Xiaomi Found Evading Tax Worth Rs. 9,000 Crore; Rs. 1,630 Crore Recovered So Far: MoS IT
Chinese smartphone makers, including Oppo Mobile, Vivo India and Xiaomi Technology, have been found evading taxes worth Rs. 9,000 crore in India, Parliament was informed on Friday. Data shared by the Minister of State for Electronics and IT Rajeev Chandrasekhar in Rajya Sabha showed tax evasion comprising customs duty and GST.
-
"Thought States Will Benefit...": Mamata Banerjee On GST Bill "Mistake"
Asserting that the Centre has been depriving West Bengal of its share of the Goods and Service Tax collected from the state, Chief Minister Mamata Banerjee on Tuesday said that the decision to support the passage of the GST Bill was wrong.
-
Centre Must Release States' GST Share To Help Fight Coronavirus: Congress
Congress leader Randeep Singh Sujrewala on Thursday said the fight against coronavirus will not be fought only at the centre but in every nook and corner of the country.
-
Government Ready To Include Petrol, Diesel Under GST: Arun Jaitley
Arun Jaitley pointed out that a large share of duties on petroleum products were levied by the states
-
Harbhajan Singh Shares WhatsApp Joke On GST In Food Bills, Twitter Loves It
Harbhajan Singh took to Twitter to take a dig at the taxes levied on food bills by the state and central governments.
-
Petrol, Diesel Should Come Under GST, Says Oil Minister: 5 Points
GST came into effect from July 1 but some goods like alcohol and petroleum products have been kept out of its purview.
-
Sensex Surges 300 Points On GST Rollout; ITC Posts Biggest Gain In A Year
Indian stock markets moved sharply higher on Monday, boosted by the rollout of GST amid higher global markets. GST or goods or services tax was rolled out from July 1 in biggest tax reform since Independence. Analysts say that GST, which replaced more than a dozen central and state levies, will boost economic growth over the long term and also impr...
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Sensex Cheers GST Regime, Surges 300 Points; ITC Rallies 10%
Indian stock markets moved sharply higher on Monday, boosted by the rollout of GST amid higher global markets. GST or goods or services tax was rolled out from July 1 in biggest tax reform since Independence. Analysts say that GST, which replaced more than a dozen central and state levies, will boost economic growth over the long term and also impr...
-
'Good And Simple Tax', Says PM As Mega Reform GST Is Launched: 10 Facts
President Pranab Mukherjee and Prime Minister Narendra Modi pressed a button in parliament's Central Hall at midnight to launch the Goods and Services Tax (GST), India's biggest tax reform ever. The unified tax system, said the President Mukherjee, is "the culmination of a 14-year journey." Speaking before him, PM Modi described GST as Good and Sim...
-
Parliament Meets, PM Narendra Modi Underscores Star Status Of GST Reform: 10 Facts
As parliament begins its month-long session today, Prime Minister Narendra Modi emphasised the importance of clearing the landmark reform, the national Goods and Services Tax (GST), which the government wants to roll out on July 1. The PM said he seeks the opposition's cooperation and "a breakthrough on GST." This weekend, the Finance Minister said...
-
As Parliament Meets, The Clock's Ticking Loudly For GST Reform: 10 Facts
When parliament meets today for a month-long session, early focus will be on clearing the government's annual budget, which was presented by Finance Minister Arun Jaitley on February 1; MPs will vote on it on the 20th. But superstar status is reserved for the landmark reform, the national Goods and Services Tax (GST), which the government wants to ...
-
Centre To Share Model GST Law With States Today
The Centre will share the draft model GST law with the states today as it prepares for the rollout of Goods and Services Tax (GST) from April 1 next year, CBEC Chairman Najib Shah said on Monday.
