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A new bipartisanship
The choice of Bihar’s Finance Minister Sushil Modi to chair the Empowered Group of State Ministers on the Goods and Services Tax (GST) has been praised as an astute move by the Union government. Mr Modi’s assent should also be viewed as a mature move by the main national opposition party, the Bharatiya Janata Party, which is a party of government in many states and hopes to return in that
The choice of Bihar’s Finance Minister Sushil Modi to chair the Empowered Group of State Ministers on the Goods and Services Tax (GST) has been praised as an astute move by the Union government. Mr Modi’s assent should also be viewed as a mature move by the main national opposition party, the Bharatiya Janata Party, which is a party of government in many states and hopes to return in that
Should the FM get veto power in GST?
The pulls and pressures for gaining powers of indirect tax administration among the constituents in any federal structure is not a new thing but it is the growing sense of unease and disquiet
Govt pegs GST at 20% in year one, single rate at 16% by 2014
Three-year road map to kick off in April next year with three rates.
Three-year road map to kick off in April next year with three rates.
Expectations from Budget for indirect tax
Now that Budget 2010 will soon be upon us, it is worthwhile to look at what it could hold in place with regard to proposals on indirect taxes. This article seeks to do some crystal ball gazing.
Now that Budget 2010 will soon be upon us, it is worthwhile to look at what it could hold in place with regard to proposals on indirect taxes. This article seeks to do some crystal ball gazing.
GST Task Force advice differs from that of ministerial panel
As is now well known, the Task Force appointed by the Thirteenth Finance Commission, Government of India, has issued a report on December 15, 2009 detailing the recommendations on various issues
Finance commission group wants five GST exemptions
The Thirteenth Finance Commission’s taskforce on the proposed goods and services tax (GST) has recommended a 5 per cent central GST and 7 per cent state GST on all goods and services, except
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