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Amit Mitra News
Central govt, states broadly agree on CGST, IGST provisions
Sat, Mar 04, 2017
Union Finance Minister Arun Jaitley met with his state counterparts today and discussed the GST legislation to be adopted by Union Territories.
Tax collection to exceed budget estimates this fiscal: Arun Jaitley
Wed, Jan 04, 2017
Finance Minister Arun Jaitley on Wednesday expressed confidence that direct and indirect tax mop-up will surpass Budget estimate of Rs 16.3 lakh crore by March-end.
GST Council makes headway on bills, stuck on taxpayer control
Sat, Dec 24, 2016
The all-powerful GST Council on Friday made a 'reasonable headway' on supporting legislations for the new indirect tax regime but its rollout from April 1 looked virtually impossible as it postponed discussion on the critical issue of administration and control of tax payers.
India likely to miss April 1 deadline for GST
Mon, Dec 12, 2016
India is likely to miss a self-imposed deadline to launch the Goods and Services Tax (GST) from April 1 next year after a meeting of federal and state officials ended on Sunday without deciding who would administer the tax.
GST Council meeting commences in the shadow of demonetisation
Sun, Dec 11, 2016
The sixth meeting of the Goods and Services Tax (GST) Council commenced in New Delhi on Sunday in the shadow of demonetisation, whose fallout has put a serious question mark on implementing GST by the central government`s targeted deadline of April 1, next year.
No consensus at GST Council, next meet on December 11 & 12
Sun, Dec 04, 2016
For the third time in one month, the GST Council on Saturday failed to break deadlock over control of assessees under the new indirect tax regime, an issue that has been holding up supporting bills essential for the goods and services tax (GST) rollout from April 1 next year.
GST Council to discuss tax rates, dual control today
Thu, Nov 03, 2016
With barely a fortnight left for Parliament's Winter Session, the GST Council will begin its crucial two-day meeting on Thursday to decide on tax rate including the levy of cess and sort out the vexed issue of jurisdiction over assessees.
States happy with outcome of GST Council's first meeting
Fri, Sep 23, 2016
Left-ruled Kerala on Friday sought a decision on the formula for compensating states for any loss of revenue post goods and services tax (GST) before a rate is decided even as most others hailed the decisions taken at the first Centre-State council meeting on the new tax regime.
Can Centre and state govts find middle ground over GST?
Tue, Jul 26, 2016
Most states' financial ministers agreed that there should not be constitutional cap on the Goods and Service Tax (GST).
FM flexible on 1% additional tax, releases draft GST Bill
Tue, Jun 14, 2016
After the meeting, Jaitley said that except Tamil Nadu, every state has supported the idea of GST. Tamil Nadu has offered some suggestions which have been taken note of, he said.
GST model: FM Arun Jaitley, 22 state finance ministers attend meet in Kolkata
Tue, Jun 14, 2016
Discussions on the draft Goods and Services Tax (GST) Bill, including the overall framework, and the Information Technology process of the GST are on the agenda of the two-day discussions,West Bengal Finance Minister Amit Mitra told IANS earlier.