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25 Oct 2016

GST: Revenue neutral rate structure to be finalised next month

Asserting that the government is determined to implement GST from the next fiscal, Economic Affairs Secretary Shaktikanta Das on Tuesday expressed confidence that the revenue neutral rate structure will be decided the next month.

14 Jun 2016

GST deadlock: Dual control issue almost sorted out, says Amit Mitra

There was "general consensus" on the issue of dual control over taxation structure between the Centre and states at the meeting of state finance ministers on GST, Empowered Committee Chairman Amit Mitra said on Tuesday.

25 Nov 2015

Higher revenue neutral rate can lead to leakages: Mitra on GST

A higher revenue neutral rate under the proposed GST law will lead to leakages, compliance issues, West Bengal Finance Minister Amit Mitra said Wednesday.

07 May 2015

Centre's promise to compensate revenue loss to states vital

GST Empowered Committee Chairman K M Mani on Thursday expressed confidence that states would be able to arrive at a consensus on Revenue Neutral Rate (RNR) that would not bring down their revenues while migrating to the proposed indirect tax regime.

06 May 2015

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

Revenue Neutral Rate (RNR) is the rate at which there will be no revenue loss to the states after GST implementation.

22 Apr 2015

Arun Jaitley to meet state FMs on GST roadmap today

Finance Minister Arun Jaitley will on Wednesday meet his state counterparts to discuss the roadmap for rolling out Goods and Services Tax (GST) from April 2016.

20 Apr 2015

Centre, states working on new GST rate: Revenue Secy

As the government gears up to roll out Goods and Services tax (GST) by April 2016, the Centre and the states are working on a new revenue neutral rate, which is currently pegged at 27 percent.

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