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More ammunition for GST discord
After EU visit to study how the tax works, state finance ministers convinced the Centre’s proposals need change. The Europe trip of the Empowered Committee of State Finance Ministers was meant to untangle the various knotty differences on the proposed Goods and Services Tax (GST). It may, however, make things a bit more complex for the central government plan to roll out the new indirect tax
After EU visit to study how the tax works, state finance ministers convinced the Centre’s proposals need change. The Europe trip of the Empowered Committee of State Finance Ministers was meant to untangle the various knotty differences on the proposed Goods and Services Tax (GST). It may, however, make things a bit more complex for the central government plan to roll out the new indirect tax
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.
Concurrent planning helps
The government’s decision to seek Supreme Court opinion on the proposed Constitutional amendments to facilitate introduction of the goods and services tax (GST) will help it overcome legislative
Govt for lower GST rate with wider base
The Centre today made it clear that it was looking for a lower goods and services tax (GST) rate, though with an expanded base, limited exemption and a uniform rate for goods and services. In a first
The Centre today made it clear that it was looking for a lower goods and services tax (GST) rate, though with an expanded base, limited exemption and a uniform rate for goods and services. In a first
A K Bhattacharya: No end to this circus
For how many more years will the annual Budget circus continue in its current form? This is a question often asked at post-Budget seminars held across the country every year around this time.
For how many more years will the annual Budget circus continue in its current form? This is a question often asked at post-Budget seminars held across the country every year around this time.
Miles to go
The release of the first discussion paper on the introduction of a goods and services tax (GST) is a welcome relief in that the country is now a step closer to the much-needed reform in its
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