Tag: Union 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.....
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.....
GST's Tax Collection At Source Will Hurt Sellers: E-commerce Players
Admitting that the proposed Goods and Services Tax (GST) is a key reform which will simplify the tax compliance, the e-commerce players on Thursday, however, said the proposed tax collection at source will hurt lakhs of small sellers by making online sales expensive and cumbersome for them.....
Jaitley Introduces Four GST Bills In Lok Sabha
Union Finance Minister Arun Jaitley on Monday introduced the Central Goods and Services Tax (CGST) Bill, 2017, along with three other GST bills in the Lok Sabha.....
Centre Releases Rs 17,994 Cr CCL For Wheat Procurement In Punjab
The central government has released an amount of Rs 17,994.21 crore towards Cash Credit Limit (CCL) for Punjab's Rabi (wheat) procurement, a state government spokesman said here on Thursday.....
'E-commerce Term Too Wide In GST, May Cover Commodity Exchanges'
Industry chamber Assocham on Sunday asked the government to clearly define the scope of e-commerce under the Goods and Services Tax (GST) regime, as the current definition is wide enough to even cover commodity derivatives exchanges.....
Indian Public Debt At December-end Rose To Rs 66.61 Lakh Cr
The Indian government's public debt increased to Rs 66.61 lakh crore by the end of the third quarter ending December, which represented a rise of 1.22 per cent over the previous quarter, official data showed on Thursday.....
