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Finance ministry working for a reasonable GST rate, says revenue secretary

Jul 30, 2015

Finance ministry working for a reasonable GST rate, says revenue secretary

The Rajya Sabha Select Committee has suggested that the Goods and Services Tax rate should not go beyond 20 percent as higher rates could fuel inflation and erode the confidence of consumers. #Economy #finance ministry #NewsTracker #GST #Shaktikanta Das #Rajya Sabha Select Committee
Moody's cautions against curbing RBI autonomy on policy rates

Jul 30, 2015

Moody's cautions against curbing RBI autonomy on policy rates

The land acquisition bill is a catalyst to investment, it said, adding passing the bill will improve Indias business environment by speeding up the conversion of land for infrastructure use. #Economy #Inflation #RBI #NewsTracker #Raghuram Rajan #GST #Indian Financial Code #Moody's Analytics
Parliament disruption: Time for NDA to bare its fangs and tell Sonia 'no deal'

Jul 27, 2015

Parliament disruption: Time for NDA to bare its fangs and tell Sonia 'no deal'

The NDA gains nothing by even partly acquiescing in the Congress' demand for the resignation of Sushma Swaraj, Vasundhara Raje, and Shivraj Singh Chouhan. Time for the Modi government to get tough with the Congress #Sonia Gandhi #GST #Land Bill #Modi Govt #Parliament disruption #Congress Tactics
GST rate at 20% good for industry, consumers, say experts

Jul 23, 2015

GST rate at 20% good for industry, consumers, say experts

The Rajya Sabha Select Committee has suggested that the GST rate should not go beyond 20 percent as higher rates could fuel inflation and erode the confidence of consumers in a new indirect tax regime proposed to be rolled out on 1 April 2016. #Economy #GST #fuel inflation #GST Council #revenue neutral rate #Rajya Sabha Select Committee
RS panel places GST bill before House, Jaitley hopes Congress won't make irresponsible decision

Jul 23, 2015

RS panel places GST bill before House, Jaitley hopes Congress won't make irresponsible decision

Jaitley said Congress has given its dissent note against the wish of traders who are demanding implementation of GST due to which the country's GDP will increase. #Economy #GDP #Congress #BJP #NewsTracker #Arun Jaitley #PolicyWatch #GST #Indirect tax
Rajya Sabha panel submits GST report; Congress, Left, AIADMK submit dissent note

Jul 22, 2015

Rajya Sabha panel submits GST report; Congress, Left, AIADMK submit dissent note

As per the current compensation mechanism, the Union government will give 100 percent compensation for first three years of GST implementation and thereafter 75 percent and 50 percent in the fourth and fifth year. #Economy #Congress #Rajya Sabha #AIADMK #Trinamool Congress #Arun Jaitley #GST #Indirect tax #Shaktikanta Das #GST Council #Bhupender Yadav
Centre, states working to meet GST roll out deadline, says revenue secretary

Jul 22, 2015

Centre, states working to meet GST roll out deadline, says revenue secretary

The passage of the bill on GST in Parliament and its ratification by 50 percent of the state assemblies will pave the way for implementation of the indirect tax regime. #Economy #finance ministry #NewsTracker #GST #Indirect tax #Shaktikanta Das #GST Council
May the best bargainer win: Backroom negotiators in rival camps will decide monsoon session's fate

Jul 22, 2015

May the best bargainer win: Backroom negotiators in rival camps will decide monsoon session's fate

If Opposition doesn't agree to anything less than ouster of Sushma Swaraj, Raje and Shivraj Singh Chouhan, BJP can kiss the monsoon session good-bye. #Politics #UPA #Congress #BJP #sushma swaraj #Lalit Modi #PoliticalPlay #GST #parliament #Opposition #Monsoon session #Vasundhara Raje #Shivraj Singh Chouhan