Parliament sent a proposed bankruptcy law for review on Wednesday, closing off a raucous winter session without transacting any major legislative business including a signature reform on taxes – the GST Bill.
After the truce in Parliament, the Modi government is hopeful about a substantial portion of pending legislative business being completed in the remaining three days of the Winter Session beginning Monday.
It is true that FM Arun Jaitley is PM Narendra Modi’s man Friday in running the govt, but it is also equally true that he has not been able to guide parliamentary floor management of the BJP to any grand success.
The central government is open to dropping the 1% origin-based tax on inter-state sale of goods if the industry demands so, and would let the proposed goods and services tax (GST) Council to decide the contours of a tax dispu
Finance Minister Arun Jaitley today pushed for early passage of the GST bill which is stuck in Rajya Sabha, saying India has the opportunity to touch 9 per cent growth and appealed to Congress to think about the "legacy" it w
The bitter war of words between the top leaders of BJP including PM Narendra Modi and FM Arun Jaitley, and the Congress top brass, in and outside Parliament, clearly shows nobody is serious about the GST Bill, or for that mat
Arun Jaitley on Monday questioned the frequent disruptions in Parliament over several issues like the National Herald Case and the law and order situation in Punjab, etc and said the approved Constitutional Amendment Bill on
The NDA government and the Congress met on Monday in an effort to clear the logjam over the Goods and Services Tax (GST) Bill and decided to hold further discussions on the issue of securing passage for the legislation during
Prospects of a forward movement on GST today seemed to appear in sight with the government giving some proposals to the Congress and expecting a response by Monday when Parliament meets again with just few working days left f
The Indian subsidiary of Coca-Cola Co said on Friday it may have to close some bottling plants if the government pushes through a proposal that would subject fizzy drinks to a 40 percent "sin" tax, as part of a broader fiscal
Chief economic advisor Arvind Subramanian has recommended a standard GST rate of 17-18% for all services, higher than the 14.5% tax on services applicable now. He also recommended a 2-6% tax on precious metals.
The Constitution Amendment Bill to roll out Goods and Services Tax is stuck in the Rajya Sabha due to stiff opposition by the Congress party and might be delayed further because of the tough stance taken by the main oppositio