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Page 13 - Gst Council

LIVE: 8 union ministers to hold virtual rallies about farm laws in Punjab

Eight Union ministers will hold virtual rallies over eight days in Punjab from Tuesday to "address apprehensions of farmers amid widespread protests against the Centre's farm laws.

LIVE: 8 union ministers to hold virtual rallies about farm laws in Punjab
Updated On : 12 Oct 2020 | 8:49 PM IST

With complications whittled down, the GST system has come of age

True, there are still a lot of niggling issues. But the major pain points have been mostly addressed

With complications whittled down, the GST system has come of age
Updated On : 12 Oct 2020 | 11:22 AM IST

GST Council meet: Stalemate over compensation may see some solution today

Dissenting states may move SC, press for dispute resolution authority, refer matter to GoM

GST Council meet: Stalemate over compensation may see some solution today
Updated On : 12 Oct 2020 | 12:41 AM IST

GST Council: No voting expected on new compensation borrowing options

The finance ministry has ruled out voting on the borrowing options given by the Centre to the states in lieu of their GST compensation dues at the next GST Council meeting on Monday

GST Council: No voting expected on new compensation borrowing options
Updated On : 10 Oct 2020 | 3:20 PM IST

Decoded: What GST Council decided for taxpayers, big and small

Here's a look at the most important decisions and what they mean for the average taxpayer.

Decoded: What GST Council decided for taxpayers, big and small
Updated On : 07 Oct 2020 | 9:14 AM IST

GST Council has no jurisdiction over borrowing by states: Govt sources

As such issue of voting in the Council over this issue does not arise, they say

GST Council has no jurisdiction over borrowing by states: Govt sources
Updated On : 06 Oct 2020 | 11:12 PM IST

Top headlines: RBI's MPC gets 'dovish tilt', Nobel physics prize announced

GST council has no jurisdiction over states' borrowing, three scientists get Nobel Prize for Physics -- Business Standard brings you top news of the evening

Top headlines: RBI's MPC gets 'dovish tilt', Nobel physics prize announced
Updated On : 06 Oct 2020 | 5:24 PM IST

Faltering federalism: GST Council meeting failure is not a good sign

States don't issue their own currency, and are by definition a more fragile borrowing construct than the Union. The final solution must reflect this asymmetry

Faltering federalism: GST Council meeting failure is not a good sign
Updated On : 06 Oct 2020 | 6:48 AM IST

Release Rs 4,321 crore towards IGST share, Tamil Nadu tells Centre

Tamil Nadu Minister D Jayakumar urged the Centre to release Rs 4,321 crore towards the state's share of Integrated Goods and Services Tax

Release Rs 4,321 crore towards IGST share, Tamil Nadu tells Centre
Updated On : 06 Oct 2020 | 6:24 AM IST

Oppn states object as Centre favours Option 1 at GST Council meet

After high drama at GST Council meet, FM Sitharaman agreed to reconvene to reach consensus

Oppn states object as Centre favours Option 1 at GST Council meet
Updated On : 06 Oct 2020 | 2:04 AM IST

GST council exempts satellite launches by Isro, Antrix from 18% GST

But it is not clear whether the relief will be extended to private launch companies

GST council exempts satellite launches by Isro, Antrix from 18% GST
Updated On : 05 Oct 2020 | 11:31 PM IST

GST deadlock remains, compensation for tax collected to be released tonight

GST Council meeting, conducted via videoconference, was held to consider the two borrowing options offered to states in August to meet their shortfall in GST collections

GST deadlock remains, compensation for tax collected to be released tonight
Updated On : 05 Oct 2020 | 8:19 PM IST

Nirmala Sitharaman to chair stormy 42nd GST Council meeting today

Union Finance Minister Nirmala Sitharaman will chair the 42nd Goods and Services Tax (GST) Council meeting at 11 am on Monday

Nirmala Sitharaman to chair stormy 42nd GST Council meeting today
Updated On : 05 Oct 2020 | 9:46 AM IST

Non-BJP states to oppose govt's borrowing option in GST meet tomorrow

In the current fiscal, the states are staring at a staggering Rs 2.35 trillion Goods and Services Tax revenue shortfall

Non-BJP states to oppose govt's borrowing option in GST meet tomorrow
Updated On : 04 Oct 2020 | 1:26 PM IST

GST compensation row: States may seek 3-member dispute resolution body

2011 Bill outlined such a structure, but it was not included in Act

GST compensation row: States may seek 3-member dispute resolution body
Updated On : 03 Oct 2020 | 6:05 AM IST

GST mop-up rises 4% to Rs 95,480 cr in Sept as recovery picks up pace

The data comes in the backdrop of simmering tension between the Centre and states over the promised compensation and ahead of the Council meeting on Monday

GST mop-up rises 4% to Rs 95,480 cr in Sept as recovery picks up pace
Updated On : 02 Oct 2020 | 2:33 AM IST

Credit for reform: Centre allows 5 states to borrow Rs 9,913 cr extra

Permission granted on meeting of one-nation-one-ration card reform

Credit for reform: Centre allows 5 states to borrow Rs 9,913 cr extra
Updated On : 25 Sep 2020 | 2:11 AM IST

GST compensation row: Have not picked either option, says Puducherry CM

Rebuts FinMin claim that UT is among those to opt for RBI window to meet shortfall in GST

GST compensation row: Have not picked either option, says Puducherry CM
Updated On : 22 Sep 2020 | 12:46 AM IST

We may go terribly right or wrong, says 15th FC chairman N K Singh

Singh told Arup Roychoudhury and Indivjal Dhasmana that the Commission could recommend spending 2.5 per cent of GDP on health in the light of the Covid-19

We may go terribly right or wrong, says 15th FC chairman N K Singh
Updated On : 21 Sep 2020 | 6:03 AM IST

GST Council to take call on funding compensation shortfall: FM Sitharaman

Nirmala Sitharaman said GST Council will arrive at a common ground on ways to compensate states for loss of revenue

GST Council to take call on funding compensation shortfall: FM Sitharaman
Updated On : 19 Sep 2020 | 6:25 AM IST