Sources in the Fifteenth Finance Commission said that they will implement the provisions after the bill is enacted and the President makes a reference to it.
GST is a landmark reform considering the sweeping changes it brings about in the indirect tax regime in India.
GST is the biggest revenue shake-up since independence
'Rhetoric and chest-thumping are running high on India's recent growth record.'
'But will the giant waves developing elsewhere allow us to sail smoothly into fair winds?' asks Debashis Basu.
On the eve of Winter session of Parliament, Rahul Gandhi on Wednesday said that the Congress "strongly" believed that the government should reach out to the Opposition on certain issues.
The winter session of Parliament beginning on Thursday is expected to be a stormy affair, with the opposition set to raise the 'intolerance' issue.
The Centre and states are likely to settle for this threshold.
Officers from various departments including the finance ministry to be part of rehearsal event
Only three percent of Indians pay income tax; our tax-GDP ratio is among the lowest in the world. This must change. Our elites must realise that India's poverty has damaging consequences for them, and that they can help decrease it. The food security bill, with all its limitations, will hopefully contribute to generating such awareness, says Praful Bidwai.
'The professional or the freelancer needs to pay taxes from his pocket first and then wait for payments from his clients.'
Top Congress sources said they would not hold up the Bill.
There was a "broad agreement" on five issues over which the 18 parties will target the government
Modi sarkar took few initiatives to uplift the poor strate of society.
Global events will continue to be in the limelight, besides domestic policy.
Since the Union Budget, gold has become costlier by 8-9 per cent because of a 2.5 per cent increase in import duty to 12.5 per cent and about a 5 per cent depreciation in the rupee.
The recent surgical strikes in Pakistan-occupied Kashmir are expected to grab limelight during the month-long session. Some parties have alleged that the government is trying to politicise it.
Party MLAs, including Madan Lal, Jarnail Singh, were seen lunging at Mishra and dragging him as he raised a poster.
The macro-economic situation has been brought under control: Godrej.
For development finance institution to succeed now, the government must stand like a rock behind it and be patient.
Lack of visibility on rates makes companies apprehensive.
"There will be some challenges" in the switchover to GST in the short term, Finance Minister Arun Jaitley has warned.
German Chancellor Angela Merkel is on a three-day visit to India.
Newly-elected Conservative Party leader and prime minister in waiting Liz Truss is among the senior British politicians known for championing deeper India-UK strategic and economic ties, describing them as a "sweet spot" of global trade dynamics.
Fiscal federalism should not be sacrificed at the altar of GST.
Grains, non-mineral water might be on the list; biscuits, butter and cheese might attract GST
A look at the team behind the Congress' aggressive stance.
Despite Uber facing a ban across many states, including Karnataka and Maharashtra, for Lingaraju, a driver employed by the company in Bengaluru, it is business as usual.
Negotiations near deadlock, as states oppose Constitution Amendment Bill.
A final call will be taken by Congress president Sonia Gandhi on Thursday.
The India growth story is still intact, and fall in the Indian stock markets is an imported one and if the government succeeds in legislating the GST and Land Bill, India could yet emerge as a winner believe stock market experts
In her four-page resignation letter addressed to the prime minister, she said, 'In view of the decision of the government of India to go ahead with the Bill on the issue of marketing of agricultural produce without addressing and removing the apprehensions of farmers and decision of my party, Shiromani Akali Dal, not to be a part of anything that goes against the interest of farmers, I find it impossible to continue to perform my duties as a minister in the union council of ministers.'
The surge in export, domestic demand and public spending in infrastructure projects might revive private investment during 2017-18.
Catch all the action from the Monsoon session of Parliament, LIVE
The largest challenge for the gigantic exercise between the Centre and the 29 states was to keep the latter interested over the years.
Britain's third female prime Minister, Liz Truss, was out of office on Thursday after the shortest tenure at 10 Downing Street in London and without a cherished India-UK free trade agreement (FTA) under her belt as a Brexit prize.
Good performances by most information technology (IT) companies in the September quarter and improved forecasts notwithstanding, with the exception of Infosys, stocks of IT biggies such as TCS, Wipro and HCL Technologies have fallen three to nine per cent since Infosys announced its earnings on October 11.
Industry experts said the major pain point would be tax collection at source, which would create a rift between sellers and e-commerce companies.
Investors lost Rs 2 trillion as Sensex crashed on Tuesday.
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