Goods And Services Tax Bill

The model Goods and Services Tax Bill will replace the clause which states the tax rate "not exceeding 14 percent, with "not exceeding 20 percent" when it comes up for debate in Parliament during the second phase of Budget session beginning next week.

Demonetisation, surgical strikes, GST Bill mark 2016

Assembly elections in TamilNadu, Assam, West Bengal and Puducherry brought landslide victories for the AIADMK, BJP, TMC and Congress respectively.

Govt unlikely to bring GST bills soon

The government is keen to push the passage of three legislations related to the main GST bill in the ongoing Winter session, as Parliamentary nod for these bills is must for rolling out GST from the target date of April 1, 2017.

India stocks likely to scale new peaks over the coming year

Indian shares fell over 400 points last week amid rising tensions between India and Pakistan, the biggest fall since Britain's vote in June to leave the European Union briefly drove investors out of emerging markets.

'US, Germany among 34 nations interested in investing in smart

"34 countries have (so far) shown interest in investing in the smart cities. It includes some of the developed countries like United States, United Kingdom, Germany, France, Singapore and Japan," said Naidu.

Gold futures fall Rs 176 on weak global cues

In futures trade, gold for delivery in October contracts was trading Rs 176 or 0.56 percent lower at Rs 31,228 per 10 gram in a business turnover of 589 lots at the Multi Commodity Exchange.

Hopeful of tabling bills on GST in winter session:Venkaiah Naidu

The Parliament secretariat is putting in strenuous efforts to compile the process undertaken in both the Houses before they are vetted by the Law Ministry and sent to all the states.

Lok Sabha takes up amendments to GST bill for discussion

Prime Minister Narendra Modi is expected to intervene during the debate on the Bill in Lok Sabha around 6 PM.

LS to take up GST Bill today, PM likely to take part in debate

GST, the biggest economic reform since 1991, is likely to sail through smoothly in the Lower House. It will replace a raft of different state and local taxes with a single unified value added tax system to turn the country into world's biggest single market.

Fixing rate, threshold key challenges to GST rollout: Adhia

Revenue Secretary Hasmukh Adhia listed seven challenges which need to be dealt with for smooth implementation of the Goods and Services Tax (GST).

Govt working to roll out GST from April 1, 2017

"What we need is an optimal (GST) rate," Finance Minister Arun Jaitley said while addressing a press conference a day after the Rajya Sabha approved the historic Constitution Amendment Bill, paving way for a complete overhaul of the indirect tax regime in the country.

GST will see better tax compliance on robust IT infra: Govt

"GST will result in better tax compliance due to a robust IT infrastructure. Because of efficiency gains and prevention of leakages, the overall tax burden on most commodities will come down, which will benefit consumers," the Finance Ministry said in a set of FAQs on GST.

GST bill to be discussed in RS today, all eyes on Oppn parties

The government is leaving no stone unturned to seek a consensus and says it will address all concerns of states on GST. A 5-hour discussion has been slotted on the long-stalled GST bill in the upper house.

GST Bill amendments circulated, RS to take it up on Wednesday

Under the modified provisions of GST Constitutional Amendment Bill circulated among the members today, GST Council will be required to establish a mechanism for adjudication of disputes, which could arise between the Centre and states or among states themselves.

GST bill: Most parties on board, house may take it up next week

Sources said the Bill will be brought in the Rajya Sabha early next week with the leaders of Trinamool Congress, Samajwadi Party and the Left parties meeting Finance Minister Arun Jaitley and expressing their approval.

GST now closer than ever, says BMR Legal's Mukesh Butani

Speaking on the sidelines of the launch of his his book - 'Tax Dispute Resolution, Challenges and Opportunities for India', BMR Legal's Mukesh Butani would have us believe that we are closer than ever before.

No opposition to GST Bill; afforestation Bill issues sorted:Srcs

CNBC-TV18 learns from government sources that they don't see any opposition to the Goods and Services Tax Bill.

Gold hits 2-week low, global cues, subdued demand hurt

Demand from jewellers at the domestic market remained soft, which kept the prices lower.

Modi reaches out to oppn, seeks support in passing crucial bills

"Spoke to all parties over the past days, everyone is in the mood to further development. Hope Monsoon Session observes high standards of discussions and important decisions are made," Modi said.

Parliament session to begin today, all eyes on GST bill

Another round of face-off between the Narendra Modi government and the opposition parties can take place in this session as well. The latter is likely to raise the issue of unrest in Jammu and Kashmir, the political upheaval in Arunachal Pradesh.

Govt reaches out to Congress over pending GST bill

Information and Broadcasting Minister M Venkaiah Naidu, who earlier handled Parliamentary Affairs portfolio, called up Leader of Opposition in the Rajya Sabha Ghulam Nabi Azad and his deputy Anand Sharma to seek Congress' backing for passage of the crucial bill in the Monsoon session of Parliament starting July 18.

Ahead of monsoon session, govt reaches out to Cong over GST bill

Union Minister Venkaiah Naidu spoke to senior Congress leaders Ghulam Nabi Azad and Anand Sharma. Both Congress leaders assured Naidu that they will get back to him soon after consultations within their party.

India's 7.5% growth rate may be overstated: US

Underlining that India's 7.5 percent growth rate may be "overstated", the US has said the Narendra Modi government has been "slow" to match its rhetoric in economic reforms even as it appreciated measures taken by it in areas like bureaucracy and easing FDI restrictions.

Political opposition to GST bill is a suicide: PM Modi

"Political opposition to GST bill is suicide. I am an optimist. I believe more in lifelines", PM Modi said regarding the Goods and Services Tax Bill that has been stuck in Parliament owing to the Congress Party's disapproval of the final draft presented by the government.

GST, earnings to drive market from hereon: Udayan

In near-term, if earnings do a repeat of the last quarter with positive numbers, markets will be optimistic that they are betting on the right thing, said CNBC-TV18's Consulting Editor Udayan Mukherjee. Markets will want to know that it is a durable recovery and not just a flash in the pan, he added.