Tag: Goods and Services Tax (GST)

Jaitley to Chief Ministers: Lower VAT rates on petroleum products used for manufacturing

Newsroom24x7 Staff New Delhi: Union Minister of Finance, Defence and Corporate Affairs, Arun Jaitley has written to State Chief Ministers urging the States to reduce burden of Value Added Tax (VAT) on Petroleum Products used as inputs in making of goods after the introduction of Goods and Services Tax (GST). //pagead2.googlesyndication.com/pagead/js/adsbygoogle.js (adsbygoogle = window.adsbygoogle ||

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Implementation of GST by generalists and private players: Discontent brewing among IRS officers

Lalit Shastri The idea of forming a private limited company with private players to implement the GST goes against the whole concept of sovereign responsibility of administering tax administration. It is to be underscored that India is a Union of States and the Union should not become weak by giving the States excessive leverage when it comes to

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Modi reiterates commitment to transform quality of life, infrastructure and services

Newsroom24x7 Desk New Delhi: On the first anniversary of his government, Prime Minister Narendra Modi on Tuesday said our objective is to transform quality of life, infrastructure and services. He also gave the assurance to the people that the goal is to “build the India of your dreams and that of our freedom fighters.” In

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