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GST rate will be much more diluted than the speculated 27%: Jaitley

May 06, 2015

GST rate will be much more diluted than the speculated 27%: Jaitley

The GST Council will have Jaitley as its Chairman and comprise two-third of members from states and one-third from the Centre. #Finance minister #Arun Jaitley #GST #VAT #Excise date
Petrol price up Rs 3.96, diesel Rs 2.37/litre; Cong slams govt, seeks roll-back

May 01, 2015

Petrol price up Rs 3.96, diesel Rs 2.37/litre; Cong slams govt, seeks roll-back

After two rounds of cuts, petrol prices were on Thursday raised by Rs 3.96 per litre and diesel by Rs 2.37 a litre, tracking global cues. #India #Congress #NewsTracker #IOC #Diesel #BPCL #HPCL #petrol price #excise duty
Govt ups sugar import duty to 40%, scraps excise on ethanol but millers still unhappy

Apr 30, 2015

Govt ups sugar import duty to 40%, scraps excise on ethanol but millers still unhappy

Industry body ISMA said the decisions would help the millers only in the long run #Sugar #Ethanol #Ram Vilas Paswan #excise duty #Import duty #isma
Double-edged sword: High initial GST rate may make most services costlier

Apr 21, 2015

Double-edged sword: High initial GST rate may make most services costlier

Services may bear the brunt of any new goods and services tax, thus pushing up costs all around. #HowThisWorks #Arun Jaitley #Goods and Services Tax #Excise #service tax #revenue neutral rate
Jaitley promises to step up public funding to boost infrastructure

Mar 25, 2015

Jaitley promises to step up public funding to boost infrastructure

The minister said that while the agriculture and services sectors have been doing well, "manufacturing is a challenge" and the government is trying to resolve the "legacy" issues hampering development of infrastructure sector. #Economy #NewsTracker #FDI #Arun Jaitley #Excise #GST #manufacturing sector #service tax #Land Acquisition Bill #Indirect tax #Octroi #National Highway Authority #Defence manufacturing