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GST to make goods, services competitive: FM
New Delhi, May 22 (IBNS) Union Finance Minister Pranab Mukherjee said that the primary benefit of the Goods and Services Tax (GST), when introduced, would be the removal of cascading effect of taxes which acts like a hidden cost and makes goods and services uncompetitive both in domestic and international markets.The Finance Minister said that GST would check leakage of revenue and the States should
New Delhi, May 22 (IBNS) Union Finance Minister Pranab Mukherjee said that the primary benefit of the Goods and Services Tax (GST), when introduced, would be the removal of cascading effect of taxes which acts like a hidden cost and makes goods and services uncompetitive both in domestic and international markets.The Finance Minister said that GST would check leakage of revenue and the States should
More ammunition for GST discord
After EU visit to study how the tax works, state finance ministers convinced the Centre’s proposals need change.
After EU visit to study how the tax works, state finance ministers convinced the Centre’s proposals need change.
MP takes lead in opposing GST Bill
Unlike Anna Hazare, almost all states are ante up against another Bill silently, which is pending for clearance in Parliament for the last two years. Madhya Pradesh is taking lead to this move.
Unlike Anna Hazare, almost all states are ante up against another Bill silently, which is pending for clearance in Parliament for the last two years. Madhya Pradesh is taking lead to this move.
Ghadai to write to union finance minister on GST
With the Empowered Committee on state finance ministers dealing a blow to Orissa's key demand of keeping coal royalty out of the purview of the proposed Goods & Service Tax (GST), the state
Excise official hints at delay in new tax regime
Citing constitutional amendments and other legislative procedures, Central Board of Excise and Customs (CBEC) Chairman S.D. Majumder Tuesday said the government's plan to roll out the goods and services tax (GST) in April 2012 might be delayed.
Citing constitutional amendments and other legislative procedures, Central Board of Excise and Customs (CBEC) Chairman S.D. Majumder Tuesday said the government's plan to roll out the goods and services tax (GST) in April 2012 might be delayed.
Structural defects of GST model being proposed by constitution amendment Bill '11
The evolution from VAT to GST is theoretically a desirable progress and the industry welcomed it like never before hoping that it would be a comprehensive and a seamless GST fostering development
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