The indirect revenue collection by the government may fall short of the target this fiscal due to disruption caused by the GST rollout, a top official said.
Without naming the noteban and GST rollout, Jaitley said the process of making a cleaner economy is set in motion to achieve the aspirations.
All states barring Rajasthan and Arunachal Pradesh, have been given compensation for the first two months (July-August) after GST rollout.
Rahul Gandhi today claimed that the GST was rolled out in a hurry to "impress" the world, ignoring the interests of small businessmen in the country.
A baby girl born in Chattisgarh post GST rollout was named after the tax reform.
Around 1,000 cinema houses will remain shut on Monday, marking the first day of the indefinite strike called by theatre owners to protest against the imposition of 30 per cent local body tax in addition to the 28 per cent Goods and Services (GST) on
Around 150 GST Seva Kendras were set up and a manual which contains complete information was also made available to help the traders, he said.
Prime Minister Narendra Modi is addressing a gathering of trader associations, chartered accountants, various chambers of commerce and industry and business people at the Indira Gandhi Indoor Stadium here.
GST a new start! One nation one tax no longer will we be in the dark about where our money is going n unified rates all over the country.
The GST, India's biggest tax reform since Independence, was rolled out past midnight Friday at a gala event organised in the Parliament's Central Hall.
Finance Minister Arun Jaitley countered the criticism against the 'hurried' launch of GST, saying it was a reform that had been discussed for 15 years
Mukherjee recalled the proposal to introduce GST was first mooted in the Budget Speech for the financial year 2006-07.
Modi said GST will eliminate the compounding effects of multi-layered tax system.
Jaitley said the implementation of the landmark unified tax should be seen as the beginning of a new journey that will expand the country's economic horizon.
The GST difference of fare shall not be collected on the tickets booked in advance as the GST shall be applicable on tickets issued on or after July, 2017, said a senior Railway Ministry official.
West Bengal's ruling Trinamool Congress has announced boycott of the midnight GST roll-out event in Parliament.
The Central Board of Excise and Customs made the 74-year-old Bachchan brand ambassador for GST.
The GST Council, in another move to give relief to farmers, also cut tax rate on exclusive parts of tractors from 28 per cent to 18 per cent.
While some goods and services will become a little more expensive, 81 per cent of items of daily usages have been kept under the 18 per cent tax rate. Overall, according to the government, the impact of the GST will be beneficial to everyone.
Banerjee's Trinamool Congress is boycotting the GST roll-out midnight event in Parliament.
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