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  Jaitley moves goods, services tax bill for Lok Sabha debate

  Politics | April 24, 2015 14:41 IST

  New Delhi: Finance Minister Arun Jaitley on Friday moved a bill for debate and passage to amend the constitution and allow a single goods and services tax regime for the country that will subsume all

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  Confident of GST from next fiscal: Jaitley

  April 22, 2015 20:55 IST

  New Delhi: Finance Minister Arun Jaitley on Wednesday said he was optimistic that the pan-India Goods and Services Tax (GST) will be implemented from April 1 next year, with the mood among the states quite

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  GST to increase India's GDP by 1-2 per cent says Arun Jaitley

  April 16, 2015 23:55 IST

  Washington: The implementation of the landmark goods and services tax (GST) regime proposed from April 1 next year would increase India's GDP by one to two per cent, Finance Minister Arun Jaitley said today.“This (GST)

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  Kerala Finance Minister KM Mani is new chairman of GST Council

  March 26, 2015 11:07 IST

  New Delhi: Kerala Finance Minister KM Mani will take over as the new chairman of the empowered committee of state finance ministers on the Goods and Services Tax (GST), an official statement said on Wednesday."This

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  Government approves Rs 33,000 crore CST compensation to states/UTs

  March 17, 2015 22:40 IST

  New Delhi: Government today approved the release of Rs 33,000 crore in tranches to states and Union Territories to compensate them for revenue loss on account of phasing out of Central Sales Tax for three

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  Need to gradually rationalise all subsidies: Jaitley

  January 19, 2015 11:50 IST

  Chennai: Ahead of the 2015-16 Budget, Finance Minister Arun Jaitley today said there was a need to rationalise all subsidies and ensure stability in policies to attract investment and drive growth.  “From January 1 LPG

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  Bengal needs to create environment for growth: Jaitley

  Politics | January 07, 2015 15:46 IST

  Kolkata: In a strong message to West Bengal Chief Minister Mamata Banerjee, Finance Minister Arun Jaitley today said that she has a responsibility to deliver on promises and create an environment to attract investments.  “Madam

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  Centre, States Break Deadlock on GST; Bill in Current Session

  December 16, 2014 11:19 IST

  New Delhi: In a last minute compromise deal, the Centre on Monday night decided to keep petroleum out of Goods and Services Tax (GST) in return for states agreeing to entry tax being subsumed in

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  Centre, States break deadlock on GST; Bill in current session

  Politics | December 16, 2014 10:08 IST

  New Delhi: In a last minute compromise deal, the Centre on Monday night decided to keep petroleum out of Goods and Services Tax (GST) in return for states agreeing to entry tax being subsumed in

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  Arun Jaitley close to clinching deal with states on GST rollout, suggest reports

  December 15, 2014 16:31 IST

  New Delhi: Officials in finance ministry say the Centre and the states are close to seal a deal on a nation-wide Goods and Services Tax (GST).  Direct cash transfer schemes and GST are two important

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  Jaitley to meet state finance ministers today on GST

  December 11, 2014 8:49 IST

  New Delhi: Finance Minister Arun Jaitley will today meet his counterparts to discuss challenges related to Goods and Services Tax (GST).In this meeting Jaitley will discuss some of the challenges that the states see at

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  Goods and services tax not at cost of revenue loss: Amit Mitra

  November 30, 2014 14:45 IST

  Kolkata: The major concern states have regarding the goods and services tax (GST) rollout is "revenue loss" and it is required to be addressed, the West Bengal government said on Saturday."We are not against GST

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  Maharashtra seeks Rs 4,500 crore in drought aid from Centre

  India | November 29, 2014 9:10 IST

  Amravati: Maharashtra government has demanded Rs 4,500 crore from the Centre to provide relief to farmers reeling under drought-like situation in the state, Chief Minister Devendra Fadnavis on Friday said. He also announced that the

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  Maharashtra government unlikely to scrap LBT until GST introduced

  India | November 20, 2014 12:18 IST

  Mumbai: Maharashtra is unlikely to scrap the Local Body Tax (LBT) unless the Goods and Services Tax (GST) is introduced by the Centre, the state government has said.Though, the scrapping of LBT was featuring prominently

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  'GST implementation from April 2016'

  September 21, 2014 7:50 IST

  New Delhi: As negotiations with states on Goods and Services Tax (GST) enter a critical stage, the Centre is looking forward to implementation of the new indirect tax regime from April 1, 2016."The deadline for

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  Tamil Nadu urges Centre to strive for 'broad consensus' on GST

  Politics | September 11, 2014 13:25 IST

  Chennai: The Tamil Nadu government has said the Centre should strive for a 'broad consensus' on many aspects related to Goods and Services Tax (GST) and address states' concerns on 'permanent revenue loss' in this

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  New govt must focus on GST, fiscal deficit for growth: Montek

  May 10, 2014 19:13 IST

  Mumbai: Rapid implementation of GST and reduction in fiscal deficit should be the thrust areas for the new government that will help the country achieve 7-7.5 per cent growth, Planning Commission Deputy Chairman Montek Singh

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  BJP-ruled Gujarat, Madhya Pradesh stalled progress on GST: FM

  Politics | May 01, 2014 18:37 IST

  New Delhi: Finance Minister P Chidambaram today accused the BJP-ruled states of Gujarat and Madhya Pradesh of stalling progress on the Goods and Services Tax (GST) regime.He also said it is possible for India, which

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  CBEC eyes Rs 1.24 trillion from service tax

  July 13, 2012 18:05 IST

  Mumbai, Jul 13 :  With the new service tax regime coming into effect from July 1, the government expects to collect a revenue of Rs 1.24 trillion this fiscal, the Central Board of Excise and

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  Modi writes to Pranab on GST

  Politics | June 24, 2012 21:12 IST

  Patna, Jun 24: Bihar Deputy Chief Minister Sushil Kumar Modi, who heads the Empowered Committee on Goods and Services Tax (GST), has written to Union Finance Minister Pranab Mukherjee for resolving the GST compensation issue