Goods and Services Tax (GST)

The thrust of the Budget was majorly into capital expenditure, which stood at Rs 2,35,000 crore for FY16, says Shaktikanta Das, Secretary, Economic Affairs.

Growth and fiscal consolidation can happen together and it is a balancing act, said Arun Jaitley, Finance Minister, in an interview with CNBC-TV18. He was speaking from Tokyo where he has gone on a six-day visit to woo investors.

The calm in the markets seen over last two months may be absent next month, says Edelweiss Securities CEO Vikas Khemani.

Recent revisions made in the Mauritius treaty are not going to be a deterrent and would bring clarity in General Anti-Avoidance Rules (GAAR), says Adi Godrej, Chairman of Godrej Group.

Finance Minister Arun Jaitley re-iterates the importance of Goods and Services Tax (GST) for India and lists various advantages for the states from the same.

Lagarde added that, " In terms of vulnerabilities, I would say that we would like to see more bottlenecks being attacked by the movement of reforms which has been embraced by the government and by the Indian policy makers."

Infosys, which has been entrusted with the task of setting up the entire IT structure for this landmark indirect tax regime, says this will be one of the largest and most complex software which can handle up to 50,000 entries in one second

Pranav Sayta, Partner at EY India feels it would have been helpful if a clear roadmap was provided on rationalisation of exemptions and incentives.

Minister of state for finance, Jayant Sinha in an interview to CNBC-TV18, said the government has not only adhered to the fiscal deficit target, it has also increased public investment in a significant manner

Rohan Shah, Managing Partner, ELP; Sachin Menon, Partner & Head, Indirect Tax, KPMG and Harishanker Subramaniam, Partner and Indirect Tax Leader of EY, talk about the tax-related worries and needful for the Budget 2016.

Sanjeev Bhatia, CFO, PC Jeweller, believes rupee depreciation will help the company in its export business.

The Goods and Services Tax (GST) Bill is not the only bit of pending business before Parliament when it convenes for the Budget Session of February 23, but it could be the most challenging session yet for the Narendra Modi government.

Future Group's next-generation head Ashni Biyani says all eyes are on how the government intends to improve liquidity in the market.

Bipin Sapra, Partner – Indirect Tax & Regulatory Services at EY says the education sector benefits from lot of exemptions, which are likely to continue under the GST. However, he also hints at a possibility that the taxes paid on input and input services, which currently amounts to 6-7 percent, could increase under GST.

Under GST, the export freight services, which are at present exempted and the goods used for repair and maintenance along with capex, all will be available as credit under GST.

SP Tulsian of sptulsian.com feels that Gati may move to Rs 150.

How will the Goods and Services Tax (GST) impact the logistics sector? Here is CNBC-TV18‘s Menaka Doshi analysing the impact on the same.

TT Jagannathan, Chairman, TTK Prestige says e-commerce will bring a “dramatic change” for the company‘s sales going forward as the success rate in the segment is good.

In CNBC-TV18's special series 'Hello GST', Menaka Doshi examines the impact of Goods and Services Tax (GST) on the real estate sector

Marico Chairman Harsh Mariwala says he expects Goods and Services Tax (GST) Bill to come through in March 2017 as many issues are yet to be resolved.