GST bill passed in Rajya Sabha; truly historic, says PM

In the biggest tax reform since Independence, the national sales tax or GST Bill was on Wednesday approved by the Rajya Sabha to replace a raft of different state and local taxes with a single......

Pranab, Modi, Demonetisation

'Modi had not discussed demonetisation with me prior to his announcement on 8 November 2016.'I learnt of it along with the rest of the country.'I was not surprised when he did not discuss the issue......

Rise above partisan politics: Jaitley's plea to Opposition on GST Bill

The long-delayed Goods and Service Tax Bill was taken up for consideration in the Lok Sabha on Tuesday after the Speaker rejected Opposition demands to refer the key reform measure to a......

PM willing to speak to everyone on GST Bill: Jaitley

Offering an olive branch to the Opposition to get the GST bill passed, Finance Minister Arun Jaitley on Thursday said that Prime Minister Narendra Modi is willing to speak to everyone to get the......

Kerala FM is new chairman of GST Empowered Committee

Kerala’s Finance Minister K M Mani has been appointed as the Chairman of the Empowered Committee of State Finance Ministers on Goods and Services Tax (GST). The GST, an indirect tax regime,......

Centre-state consensus on service tax, finally

Consensus has eluded the Centre and states on the proposed Goods and Services Tax. But in a pre-Budget exercise, states on Monday gave their approval to the introduction of a list of areas to......

Killing the goods and services tax

The empowered committee of the state finance ministers and the finance ministry reached a broad consensus on the issue of phasing out of the central sales tax on January 3, 2007. The compensation......

GST statute: State govts give opposing suggestions

State governments have suggested a third alternative to the central government on the proposed Constitutional amendment for introduction of a goods and services tax.They've proposed a sub-committee......