Tag: Finance Ministry
GST Council's 9th Meet Fails To Break Dual Control Deadlock
The possibility of implementing the Goods and Services Tax (GST) by the Centre's targeted deadline of April 1, 2017, has receded with the ninth meeting of the GST Council here failing to agree on the contentious issue of administrative control of GST, Kerala Finance Minister Thomas Isaac said on Monday.....
GST Bills To Be Placed In Parliament This Week
The Goods and Services Tax (GST) enabling bills will be placed in Parliament for approval this week itself, Minister of State for Finance Arjun Ram Meghwal said on Thursday.....
No Discussion On Extending GST Roll-out Beyond July 1: FinMin
The government is not thinking of extending the roll-out date of the Goods and Services Tax (GST) beyond July 1, and businesses and traders must ensure preparedness by then, the Finance Ministry said on Thursday.....
Rajya Sabha Passes Four GST Bills
The Rajya Sabha on Thursday passed four bills related to the implementation of the pan-India Goods and Services Tax.....
India Will Soon Be Digital Payment Society: Finance Ministry
With monthly transactions crossing 300 million mark through Unified Payments Interface (UPI), Finance Ministry officials on Monday said digital payment will soon be the norm in the country.....
Government Spent Rs 1,157 Cr In 2017-18 Without Approval: CAG
The Centre spent Rs 1,150 crore more during the last fiscal across various grants without Parliament's authorisation, the national auditor said here on Tuesday.....
Will Make Amendments If They Help In Better Regulation: FM
Facing flak from several quarters on the PMC Bank fraud case, Finance Minister Nirmala Sitharaman on Thursday said that if amendments help in better regulation, the Centre would go ahead with the required legislative procedure.....
Moody's Cuts India Outlook To 'negative', Govt Counters
Global rating agency Moody's Investors Service on Friday cut India's outlook from 'stable' to 'negative' reflecting increasing risks to the country's economic growth and the government's failure in addressing long-standing economic and institutional weaknesses.....
Parrikar Retains Home, Finance; Others Get A Ministry Each
Chief Minister Manohar Parrikar on Monday retained the key portfolios of Home and Finance, and allotted one ministry each to nine other cabinet ministers.....
Petroleum Under GST, But Will Apply After States Agree: Jaitley
Petroleum products, which will be within the purview of the Goods and Services Tax (GST) slated to be implemented from July 1, would, however, continue to be taxed as per the current taxation regime until the GST Council agrees on applying GST to these products, Finance Minister Arun Jaitley said on Thursday.....
