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Tag Archives: GST

‘Government failed to address structural issues of GST reform’

  New Delhi: The Congress on Saturday welcomed the measures announced by the Narendra Modi government to ease concerns over the Goods and Services Tax as “interim relief to certain sections” but accused it of failing to address structural issues of GST reform. “We welcome the interim relief… The government has utterly failed to address structural…

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Prabhu thanks Modi, Jaitley for addressing exporters’ GST issues

  New Delhi: Thanking Prime Minister Narendra Modi and Finance Minister Arun Jaitley for addressing exporters’ issues in the GST Council meeting, Commerce Minister Suresh Prabhu on Friday said his ministry would make maximum effort on promoting exports. “Thx @narendramodi ji @arunjaitley for addressing the exporters issues in #GSTCouncil. We shall together work on promoting exports,”…

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Jaitley to hold brainstorming meet on economy

  New Delhi: Finance Minister Arun Jaitley will undertake a high-level review of the economy to discuss measures, including a possible stimulus package, to be taken amidst an economic slowdown. Commerce Minister Suresh Prabhu, NITI Ayog Vice Chairman Rajiv Kumar and Secretaries in the Finance Ministry — Ashok Lavasa, Subhash Chandra Garg, Hasmukh Adhia, Rajiv Kumar…

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Demonetisation, hastily implemented GST damaged economy: Rahul

  San Francisco: Congress Vice President Rahul Gandhi on Tuesday criticised Prime Minister Narendra Modi for demonetisation and the hastily implemented Goods and Services Tax (GST) regime. Both he said caused “tremendous damage to the Indian economy”. Gandhi, who is on a two-week visit to the US to interact with political leaders, global thinkers and overseas…

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GST India’s biggest economic reform measure ever: Modi

  Xiamen (China): Prime Minister Narendra Modi on Monday said that the Goods and Services Tax (GST) introduced in July this year is the biggest economic reform ever in India. “India is changing fast into one of the most open economies in the world today,” Modi said while addressing the BRICS (Brazil, Russia, India, China, South…

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Ministries want cut in biodiesel GST, biofuels policy

  New Delhi: The Union Petroleum and Road Transport Ministries will ask for a reduction in GST on biodiesel from the current 18 per cent to 5 per cent and a note on a new policy on biofuels is to be placed for cabinet approval soon, it was announced on Thursday. “Along with Petroleum Minister Dharmendra…

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GST won’t impact growing Indian smartphone market: Report

  London: The overall smartphone demand in India will hit 234 million units in 2017, an increase of 11 per cent year-on-year (YoY) and the Goods and Services Tax (GST) would have no impact on smartphone demand in the country, global market research firm GfK said on Tuesday. “Smartphone demand in India also remained resilient in…

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Actively working towards clean political funding: Jaitley 

  New Delhi:  Finance Minister Arun Jaitley on Saturday said the government was actively working towards providing a system of clean political funding. “When we deal with the subject of how the political system will be funded, we hope through cleaner money in future. We are actively working on this,” he said here at the Delhi…

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