shadow

GST Council New panel: calamity tax

Posted on Posted in Business by 465 views

GST Council New panel: calamity tax The GST Council on Friday decided to set up a seven-member ministerial panel to examine the legality of imposing a new tax on certain goods and services to raise resources for natural calamity-hit states like Kerala. Mr Jaitley said that Kerala’s demand to allow imposition of…

Read More
shadow

Constitutional compulsion to roll out GST by Sep 16 next year: Arun Jaitley

Posted on Posted in Business by 904 views

Union Finance Minister Arun Jaitley said on Friday it was a “constitutional compulsion” to roll out the Goods and Services Tax before September 16, 2017, reported PTI. He added that since the existing indirect tax system will cease to exist by September next year, it will be impossible to run the country without…

Read More