Tax Structure
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GST committee to meet via video conference on 17 July to discuss national reports, issues
•two weeks into the GST regime, the all-powerful GST Council will meet on Monday to take stock of the implementation of the new indirect tax.
Experts on GST rates: Indeed a new beginning but telecom, insurance, hotel booking to pinch consumer
Fp Staff •While some have supported the multiple rate structure for services some others have criticised it
GST: FM Jaitley favours cess over additional tax for compensating states
•Ahead of the meeting of all powerful GST Council next week to decide on GST rates, Jaitley said the 4-slab structure of 6, 12, 18 and 26 per cent was under consideration, with lower rates for essential commodities and higher bracket for luxury goods
Budget 2015: Five things you can expect — and not — from FM Jaitley
Madan •On the whole we should be abstemious in expectations of the Budget being a ‘make or break’ one or one that can shake the economy