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
 Filing Income Tax Return Early? Make Sure To File Correct Details
 ITR 3 What is ITR 3 Form & How to File ITR-3?
 ITR Filing 2024: How To Claim Tax Refund Online, Check Step-by-step Guide To Know Status
 Income tax return filing for FY23-24: Check details of Form 16 issue date, ITR forms
 How to maximize tax benefits for senior citizens in India
 Income tax return filing: ITR filing 2024 date is upon us, but should you rush to file?
 Income Tax Return AY 2024-25: ITR-1, ITR-2, ITR-4 Enabled for Online Filing; Check Details
 New Tax Regime: What Is It? How Can You Opt For It? Comparison With Old One
 6 Ways to Save Income Tax On New & Old Tax Regime for FY 2023-24
 Income Tax SFT return filing due date extension: Facility to remain open for a couple of days Latest news
 Income tax filing: Waiting for your Form 16? Here is what you need to know

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 2024 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting