The GST Council's agenda includes trimming the number of items in the 28 per cent slab by 75 per cent, easier compliance for assessees and small taxpayers, and a presentation on bringing real estate under GST.
'There is something fundamentally wrong with the GST -- whether be it the rates, compliance, or the GST Network itself.'
Only luxury and 'sin' items could be left in highest slab. 12 and 18 per cent slabs could be merged in the future
Finance ministers from Congress-ruled states say they have alerted the Centre about the problems in GST for several months, but it is only now with the Gujarat assembly election around the corner that the Modi regime has started heeding these suggestions.
In the midst of a hectic campaign schedule, Modi needs to find time to meet visiting leaders and attend the East Asia Summit in the Philippines.
He is likely to speak on economic issues, particularly the impact of GST and demonetisation.
India worked in close partnership with the World Bank to improve its position, says NITI Aayog CEO Amitabh Kant.
'The full effects of the government initiatives will have to work their way through, whether in infrastructure or in the banking sector.'
Why should India buy olives from Europe when it could do so from the world's largest producers?
The protests will highlight the impact of the twin blows of demonetisation and GST
Inter-state supply may come under GST composition
Tax experts are nudging the authorities to figure out why so many assessees are not filing their returns.
'We appreciate his positive evaluation of the relationship and share his optimism about its future directions.' 'We look forward to welcoming him in India next week for detailed discussions on further strengthening of our partnership,' the MEA said on Friday.
Manmohan Singh, reveals the former President, was keen that either P Chidambaram or Montek Singh Ahluwalia be the finance minister.
Deadline ends, after two extensions and only 70% file detailed return for July
BMS, a union affiliated to RSS, plans rally at Delhi's Ramlila Ground on Nov 17; SJM to protest on Oct 29.
The party is finding increasing acceptability in the 18-35 years age group with Rahul Gandhi adding a million followers in the past 2 months and Facebook and Twitter also seeing similar spikes.
While Karat is opposed to any understanding with the Congress, Yechury is of the view that the situation warrants putting together a national alternative to the BJP, reports Archis Mohan.
Poor performance of the banking, oil and exploration industries have impacted corporate tax collections.
'Challenges will come but we will stay the course. No big step can be taken if one is afraid of criticism. We will not flinch from criticism,' says Railways Minister Piyush Goyal.
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