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Pradhan tears into Opposition for boycotting midnight launch of GST - Daily News & Analysis

Pradhan tears into Opposition for boycotting midnight launch of GSTDaily News & AnalysisUnion Minister of State for Petroleum and Natural Gas Dharmendra Pradhan took a jibe at the Opposition for boycotting the midnight session of the Parliament organised in lieu of the rollout of the much-awaited Goods and Services Tax (GST), saying ?and more »

PM Modi terms GST as 'good and simple tax' - The Asian Age;

PM Modi terms GST as 'good and simple tax' - The Asian Age

The Asian AgePM Modi terms GST as 'good and simple tax'The Asian AgeModi said GST is not just a tax reforms but also economic reform, social reform and a tool towards honesty. Prime Minister Narendra Modi addresses the special ceremony in the Central Hall of Parliament for the launch of 'Goods and Services Tax (GST)', ...and more »

GST took 17 years to see light; much more complex than other countries - Deccan Chronicle;

GST took 17 years to see light; much more complex than other countries - Deccan Chronicle

Deccan ChronicleGST took 17 years to see light; much more complex than other countriesDeccan ChronicleTraders protesting the Goods and Services Tax on electronic items, in Varanasi on Friday. Traders in Kanpur also sat in protest on rail tracks stopping the movement of trains. (Photo: PTI). New Delhi: In a historic move, India rolled out the goods and ...and more »

Will have positive impact on economy, say industry captains - The Asian Age;

Will have positive impact on economy, say industry captains - The Asian Age

The Asian AgeWill have positive impact on economy, say industry captainsThe Asian AgeMumbai: Corporate India is upbeat about the new goods and services tax (GST), which is considered to be the single biggest tax reform undertaken by the country since independence. While there are still concerns regarding the preparedness of industry ...and more »

Tryst with Sardar and Gita - Calcutta Telegraph;

Tryst with Sardar and Gita - Calcutta Telegraph

Calcutta TelegraphTryst with Sardar and GitaCalcutta TelegraphPresident Pranab Mukherjee and Prime Minister Narendra Modi press buttons for the launch of the goods and services tax (GST) at midnight in the Central Hall of Parliament. The invitation had said GST would be launched by the Prime Minister “in the ...and more »

GST rollout: Relief for farmers as GST Council cuts tax on fertilisers to 5 per cent - The Indian Express;

GST rollout: Relief for farmers as GST Council cuts tax on fertilisers to 5 per cent - The Indian Express

The Indian ExpressGST rollout: Relief for farmers as GST Council cuts tax on fertilisers to 5 per centThe Indian ExpressGST rollout: In another move related to farmer's relief, the GST Council, which comprises of representatives of each and every state, decided to cut tax rate on exclusive parts of tractors from 28 per cent to 18 per cent. 0. Shares. Facebook · Twitter ...and more »

It'll help lower inflation, propel GDP, says Jaitley - The Tribune;

It'll help lower inflation, propel GDP, says Jaitley - The Tribune

The TribuneIt'll help lower inflation, propel GDP, says JaitleyThe TribuneFinance Minister Arun Jaitley today said rollout of the GST will ease inflation, make tax avoidance difficult and boost GDP growth. Addressing the midnight launch event of the GST in the Central Hall of Parliament, Jaitley said the implementation of ...and more »

GST launch is outcome of commitment to federal structure: Shah - The Asian Age;

GST launch is outcome of commitment to federal structure: Shah - The Asian Age

The Asian AgeGST launch is outcome of commitment to federal structure: ShahThe Asian AgeAmit Shah said that will give a big boost to the economy, reduce burden on citizens and help the poor immensely. BJP senior leader LK Advani, party president Amit Shah, NCP chief Sharad Pawar and other dignitaries at the special ceremony in the Central ...and more »

India launches new economic era with sales tax reform - Reuters Canada

India launches new economic era with sales tax reformReuters CanadaNEW DELHI (Reuters) - India early on Saturday introduced its biggest tax reform in the 70 years since independence from British colonial rule. The Goods and Services Tax (GST) replaces more than a dozen federal and state levies and unifying a $2 ...and more »

Text of Presidents speech on the launch of Goods & Services Tax from Central Hall of Parliament on June 30, 2017 - Business Standard

Text of Presidents speech on the launch of Goods & Services Tax from Central Hall of Parliament on June 30, 2017Business Standard1. In a few minutes from now, we will witness the launch of the Goods and Services Tax (GST), a unified tax system, in the country. This historic moment is the culmination of a fourteen-year long journey which began in December 2002, when the Kelkar ...and more »

Disability rights groups reject GST - The Hindu

Disability rights groups reject GSTThe HinduSeveral disability rights organisations held a protest at Jantar Mantar on Friday demanding a rollback of the Goods and Services Tax (GST). Disabled Rights Group convener Javed Abidi said: “After the GST roll-out, India will once again enter a sad and ...and more »

GST: India Inc gets ready, in fits and starts - Business Standard;

GST: India Inc gets ready, in fits and starts - Business Standard

Business StandardGST: India Inc gets ready, in fits and startsBusiness StandardThe biggest tax reform since Independence — goods and services tax (GST) — was kicked in from Friday midnight and companies say they will keep their date with the new indirect tax regime. The GST will harmonise a maze of central and state levies into ...and more »

GST regime kicks off with gala launch at Central Hall of Parliament - Daily News & Analysis;

GST regime kicks off with gala launch at Central Hall of Parliament - Daily News & Analysis

Daily News & AnalysisGST regime kicks off with gala launch at Central Hall of ParliamentDaily News & AnalysisNew Delhi: President Pranab Mukherjee and Prime Minister Narendra Modi press buttons for the launch of Goods and Services Tax (GST) at midnight, at the special ceremony in the Central Hall of Parliament in New Delhi on Saturday. (PTI). Shares10.and more »

Food on trains to cost more - The Hindu

Food on trains to cost moreThe HinduFood items served on board trains will become expensive from Saturday with application of Goods and Services Tax (GST) at 12 %. Hitherto, catering charges were exempted from service tax. Also, parcel and goods charges are likely to go up, as they have ...and more »

Fiercest critic is now the biggest cheerleader - Deccan Herald;

Fiercest critic is now the biggest cheerleader - Deccan Herald

Deccan HeraldFiercest critic is now the biggest cheerleaderDeccan HeraldNarendra Modi has come a long way in becoming the man who implemented the Goods and Services Tax that languished for nearly two decades. He may have slammed the tax overhaul as chief minister, but hammered out a consensus for its implementation ...and more »

Confusion galore as new tax regime kicks in - Deccan Herald;

Confusion galore as new tax regime kicks in - Deccan Herald

Deccan HeraldConfusion galore as new tax regime kicks inDeccan HeraldThese are some issues on which businesses need clarity even as India's most significant tax reform was rolled out. File Photo. ×. What will be the final levy on a mobile phone when the handset is taxed at 12%, earphone at 18% and the charger at 28 ...and more »

Hospitality sector reels under confusion - The Hindu

Hospitality sector reels under confusionThe HinduA few hours before the rollout of the much-debated Goods and Services Tax (GST), hospitality sector is in the grip of confusion. Hotel and restaurant owners here jostle with the clauses of the new system that would come into effect post 12 midnight ...and more »

Last minute GST cut for fertilisers - Deccan Chronicle;

Last minute GST cut for fertilisers - Deccan Chronicle

Deccan ChronicleLast minute GST cut for fertilisersDeccan ChronicleThe decision to reduce the tax rate on fertilisers was taken at the Council meeting on Friday. Bearing the brunt of widespread farmers' protests in many states, the government at the centre tried to mitigate the likely fallout of the implementation of ...and more »

GST a tribute to maturity, wisdom of India's democracy: President - India.com

GST a tribute to maturity, wisdom of India's democracy: PresidentIndia.comNew Delhi, July 1 (IANS) President Pranab Mukherjee on Friday said that introduction of GST was a “momentous event” for the nation and “a tribute to the maturity and wisdom of India's democracy” while pointing out that the success of major changes ...and more »

How will the Centre ensure States' finances are not hurt? - The Hindu;

How will the Centre ensure States' finances are not hurt? - The Hindu

The HinduHow will the Centre ensure States' finances are not hurt?The HinduA cut-out of PM Narendra Modi, with GST posters in New Delhi on Friday. | Photo Credit: Shanker Chakravarty. Special Correspondent. NEW DELHI , July 01, 2017 01:20 IST. Updated: July 01, 2017 01:20 IST. more-in ...and more »