Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
Service Tax »
Open DEMAT Account in 24 hrs
 Make tax-saving a part of your overall investment plan
 Filing ITR? Maximize Your Tax Savings With These 7 Allowance Benefits
 Extension of time limit for compliance to be made for claiming any exemption under Section 54 to 54GB of the Income-tax Act, 1961 ('Act') in view of the then-Covid-19 pandemic
 Missed Income Tax Return filing due date for AY 2022-23? Here s one more chance
 What are the tax saving investments other than section 80C for senior citizens?
 Gross Direct Tax Collections for FY 2022-23 register growth of 25.90%
 Your guide to tax saving with insurance-cum-investment products
 Govt likely to meet non-tax revenue target for FY23
 What is the tax liability for a senior citizen?
 Notification No.121/2022 CENTRAL BOARD OF DIRECT TAXES
 How tax on rental income is calculated: Step-by-step guide

Government in final stages of discussions with states on GST: FM Arun Jaitley
November, 11th 2014

Hinting that amendments to the Goods and Services Tax (GST) may be introduced in the ensuing Winter session of Parliament, Finance Minister Arun Jaitley today said the government was in the final stages of talks with states on the issue.

"I am in the last stage of my discussion with the states on the eve of Parliament session before introducing the amendments to the GST law in Parliament," Jaitley said at the India Global Forum meeting here.

The month-long Winter Session of Parliament is scheduled to commence on November 24.

Seeking support from the opposition parties, especially Congress, in passing the key legislation, Jaitley said they should realise that the "merits of some of these actions have positive attitude towards them".

"I do hope that my friends in the Opposition parties, particularly the principle Opposition, after a wasted opportunity when they were in government, spend a more fruitful tenure when they are in opposition," Jaitley said.

The Goods and Services Tax (GST) regime aims at subsuming most of the indirect taxes at the central as well as state level. The UPA government in 2011 introduced a Constitution Amendment Bill in the Lok Sabha to pave the way for introduction of GST.

The GST rollout has missed several deadlines because of lack of consensus among states over certain crucial issues on the new tax regime.

Pending since 2006, the discussion on GST Bill is stuck at a crucial stage where states have proposed to keep products such as petroleum, tobacco and alcohol out of GST ambit and had demanded the exemption list be included in the Constitutional Amendment Bill.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2023 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting