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India's tax reform News

06 Jul 2017

Vajpayee, not Congress, set the ball rolling on GST: Finance Minister Jaitley

Finance Minister Arun Jaitley on Thrusday said the first move towards the landmark GST was made by the Atal Bihari Vajpayee government 17 years back, and not the Congress.

04 Jul 2017

GST rollout: A reality check - 7 myths about Goods and Services Tax dispelled

The Revenue Secretary Hasmukh Adhia through a series of tweets from his twitter handle has busted certain common misconceptions/ myths about GST.

01 Jul 2017

GST regime from July 1: What will be cheaper- Here’s the complete list

A list of supplies, where the GST incidence is lower than the present combined indirect tax rates.

06 Jun 2017

GST to help India achieve 9% growth rate: Niti Aayog CEO

The Goods and Services Tax, to be rolled out next month as the biggest tax reform since independence, will help India achieve 9 percent growth rate, NITI Aayog CEO Amitabh Kant said on Tuesday.

03 Jun 2017

Important meeting of GST Council today; to finalise rates on gold, textiles

The GST Council had last month fitted over 1,200 goods and 500 services in the four tax brackets of 5, 12, 18 and 28 percent. Beside, it had imposed cess over and above the peak rate of 28 percent on demerit and luxury goods.

02 Jun 2017

GST Council to finalise rates on gold, textiles today

The GST Council will on Saturday finalise taxes to be levied on six commodities, including gold, textiles and biscuits, as the Centre and states gear up to roll out the new indirect tax regime from July 1.

08 May 2017

GST scheduled for July 1 rollout, will not lead to any significant increase in prices of goods: FM Jaitley

He added that tax rates on goods may go down marginally under the new indirect tax regime while services may see some increase.

03 May 2017

Madhya Pradesh Assembly passes GST Bill-2017

The Madhya Pradesh Legislative Assembly on Wednesday unanimously passed the Madhya Pradesh Goods and Services Tax (GST) Bill-2017 as both treasury and Opposition benches tried to grab credit for this new tax regime.

07 Oct 2016

Adoption of GST poised to boost India's medium-term growth: IMF

Asserting that India has shown that progress on reforms could "ignite" business investment, the IMF on Thursday said the adoption of goods and services tax is poised to boost the country's medium-term growth.

05 Oct 2016

States start looking for consultants for GST

States have started scouting for tax consultants to advise them on technical aspects of the goods and services tax (GST), which is planned to be rolled out from April next year.

01 Sep 2016

Odisha becomes 16th state to ratify GST Bill

The Odisha Legislative Assembly on Thursday unanimously ratified the Constitution Amendment Bill for Goods and Services Tax (GST), paving way for introduction of the landmark tax reform.

31 Aug 2016

Goa assembly ratifies GST Bill in special session

The Goa legislative assembly on Wednesday unanimously passed a resolution ratifying the Goods and Services Tax Bill, 2016, as passed by parliament during its monsoon session.

30 Aug 2016

Mizoram Assembly ratifies GST

Mizoram Assembly on Tuesday ratified the Goods and Services Tax (GST) Constitutional Amendment bill by adopting an official resolution, becoming 13th state to have approved the legislation.

29 Aug 2016

Maharashtra assembly to ratify GST Bill today

A day-long session of the Maharashtra Legislature, scheduled to be held on Monday (August 29) is likely to ratify the Goods and Services Tax (GST) Bill passed by both Houses of Parliament recently.

24 Aug 2016

Delhi Assembly ratifies "big reform" GST Bill

Delhi Assembly on Wednesday ratified Goods and Service Tax (GST) Constitution Amendment Bill, becoming the third non-BJP-ruled state and overall the eighth to clear the proposed tax regime, billed as single biggest tax reform in decades.

19 Aug 2016

GST a legislative accomplishment by PM Narendra Modi: US expert

The landmark Goods and Services Tax (GST) bill passed by Parliament recently is a legislative accomplishment by Prime Minister Narendra Modi which even his harshest critics cannot dismiss, a top US expert has said.

10 Aug 2016

Timeline: How PM Modi pulled off his biggest reform – GST

By abandoning confrontation and seeking consensus, PM Modi has pulled off his biggest reform yet, securing the unanimous support of both houses of parliament for a planned GST.

10 Aug 2016

First isolate, then negotiate: This how India's GST deal was done

It took him more than two years, but Indian Prime Minister Narendra Modi has finally discovered the art of the deal.

09 Aug 2016

GST amendment bill passed by Parliament, likely to be rolled out bu April 1, 2017

08 Aug 2016

Watch: FM Arun Jaitley's exclusive interview after the clearance of GST bill from Rajya Sabha

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