Bihar Assembly passes GST Bill
Politics | April 24, 2017 13:56 ISTThe Bihar Assembly today unanimously passed the Goods and Services Tax (GST) Bill, 2017.
The Bihar Assembly today unanimously passed the Goods and Services Tax (GST) Bill, 2017.
The GST Bills will now require the President's approval.
Rajya Sabha on Thursday passed four legislations to pave the way for roll out of the historic Goods and Services Tax (GST) from the target date of July 1.
Congratulating the Council members for their efforts, the Finance Minister said that decks are now clear for the roll-out of the new indirect tax regime from July 1.
A media report today claimed that the government may bring free goods and services provided to employees by an employer under the ambit on the new tax regime.
The Central Goods and Services Tax (CGST) Bill, 2017, along with three other GST Bills -- Compensation Law, Integrated-GST (IGST) and Union Territory-GST were moved for consideration in the Lower House.
The Lok Sabha on Wednesday took up four GST Bills for debate after Finance Minister Arun Jaitley moved them simultaneously for consideration and passage in the lower house of the Parliament.
The leasing and renting of properties will start attracting the GST from July 1, according to Central GST Bill that was tabled in Lok Sabha by Finance Minister Arun Jaitley on Monday.
Finance Minister Arun Jaitley on Monday introduced in the Lok Sabha four GST Bills that will provide for a maximum tax rate of 40 per cent.
The Cabinet today cleared four supporting GST legislations, paving the way for their introduction in Parliament as early as today. The four supporting legislations -- the Compensation Law, the Central-GST (C-GST), Integrated-GST (I-GST) and
GST Council today approved the remaining two draft bills -- UTGST and SGST – thus clearing the way for rollout of Goods and Service Tax by July 1.
With the second leg of the Budget Session beginning today, the Prime Minister today expressed hope of a break in deadlock over the Goods and Services Tax (GST), which the government aims to rollout from July 1.
At least 50,000 letters will be sent by indirect tax officials to Prime Minister Narendra Modi seeking his intervention to ensure successful roll-out of Goods and Services Tax (GST).
Posing fresh roadblocks to the Goods and Services Tax (GST) rollout, finance ministers of states have said that the new tax regime cannot meet the government's April 1 deadline.
Finance Minister Arun Jaitley on Saturday said that the Goods and Services Tax (GST) regime needs to be implemented between April 1 and September 16, 2017, due to constitutional compulsions.
With the Centre and states again failing today to sort out contentious issue of dual control of assessees, the Goods and Services Tax (GST) rollout from April 1 next year is now looking virtually impossible.
Pinning hopes on quick resolution of the difficult issue of tax jurisdiction with states, Finance Minister Arun Jaitley has said that the Goods and Services Tax (GST) regime will be rolled out from April next year.
Amit Mitra on Wednesday dropped a bombshell saying that the Good and Services Tax (GST) rollout has been thoroughly jeopardized by the Centre’s abrupt demonetization drive, a statement that got a backing from BJP MP Subramanian Swamy.
The Centre is planning to introduce three bills related to the GST as money bills to ensure they are not stuck in the Rajya Sabha where the ruling NDA does not have a majority.
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