Goods And Services

  • Parliament to be adjourned sine die today 21-02-2014 11:02 AM

    New Delhi: 12:00 pm: 11:30 pm: Rajya Sabha adjourned till noon after uproar by Opposition parties demanding special economic package for seven backward states. 10:50 am: Parliamentary Affairs Minister Kamal Nath said that there is a possibility that the Parliament session could be extended. "Everything is possible. We will discuss...
  • Difficulties on GST, but will be in place by 2014: PM 29-05-2013 04:08 AM

    Tokyo: Prime Minister Manmohan Singh on Tuesday acknowledged that there are difficulties with some state governments over the implementation of the Goods and Services Tax (GST) but said that he is confident it would be implemented in "an appropriate type" by 2014. "The objective of the Indian government is to...
  • If I were FM: Introduce GST at the earliest, say people in Mumbai 25-02-2013 09:33 AM

    In the countdown to the Union Budget 2013, CNN-IBN met people across the country to get their views on what they want from the Finance Minister. ...
  • Working towards bringing in the GST: P Chidambaram 08-11-2012 06:00 PM

    New Delhi: Finance Minister P Chidambaram on Thursday said that the Centre will soon bring in a major change in the taxation system in the country. Speaking to reporters, Chidambaram said, "We are moving towards bringing a major change in the taxation system in the country. We are working on...
  • Budget 2012: Pay more for the comforts of life 17-03-2012 08:58 AM

    New Delhi: Budget 2012 presented by Finance Minister Pranab Mukherjee on Friday, March 16, makes eating out and phone bills and other comforts of life costlier, pinching the common man. Increase in service tax will increase one's mobile bills by 2 per cent every month. Two and four wheelers will...
  • BJP not opposed to GST: Sushil Kumar Modi 18-07-2011 06:46 PM

    Bihar Finance Minister and BJP leader Sushil Kumar Modi will now head the Empowered Committee of state Finance Minister to push ahead India's biggest tax reforms. With his election, the UPA government is hoping to build consensus among the BJP ruled states on the implementation of Goods and services tax....
  • Government rolls back 5 pc healthcare tax 22-03-2011 06:38 PM

    The proposal which was made during the Budget invoked opposition from the medical fraternity. ...
  • Govt rolls back five per cent healthcare tax 22-03-2011 12:53 PM

    New Delhi: The Government on Tuesday rolled back the five per cent tax healthcare, which many called the misery tax as it made treatment more expensive. Finance Minister Pranab Mukherjee made the announcement in his reply to the debate in the Lok Sabha on Tuesday. The proposal which was put...
  • Govt introduces Constitution Bill in Lok Sabha 22-03-2011 12:31 PM

    New Delhi: The government on Tuesday introduced a Constitution Amendment Bill in the Lok Sabha to facilitate implementation of the Goods and Service Tax (GST), an indirect tax regime that would subsume levies like excise, service tax and sales tax. The Bill, introduced by Finance Minister Pranab Mukherjee seeks to...