Govt proposes 20% GST on goods, 16% on services Finance Minister Pranab Mukherjee on Wednesday proposed a three-rate structure for the Goods and Services Tax - which will simplify the indirect tax regime. Under this goods will attract 20 percent
DTC, GST Bills likely in Monsoon session: Revenue Secy The government on Tuesday said the direct taxes code (DTC) Bill and a constitutional amendment bill to implement the goods and services tax (GST ) are likely to be introduced in the Monsoon se
FM asks the Gujarat Chief Minister to help in evolving consensus on Goods and Services Tax (GST) Gujarat Chief Minister, Shri Narendra Modi called on Union Finance Minister, Shri Pranab Mukherjee during the latter’s visit to Ahmedabad today.
Government Expects to introduce Direct Tax Code and GST from April 2011GENERAL BUDGET: 2010-11 Shri Pranab Mukherjee, Union Finance Minister, while presenting the Union Budget in Lok Sabha today, said that the wide-ranging discussions on the Direc
First Discussion Paper On Goods and Services Tax In India
FM’s speech at meeting of Empowered Committee of State Finance Ministers on GSTFollowing is the text of speech delivered by Finance Minister Shri Pranab Mukherjee at the meeting of the Empowered Committee of State Finance Minister here today:
GST set to replace state& central taxes by 2010 Theproposed unified goods & service tax (GST) regime could spell an end tovarious kinds of exemptions enjoyed by the corporate sector. These includearea-based exemptions and sectoral tax breaks. Finan
The Institute of Chartered Accountants of India (ICAI) on Monday recommended that Goods and Service Tax (GST), proposed to be implemented from 2010, should have dual tax structures at the Centre and state levels.The GST is expected to create a common
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India