Tag Archive | GST

News for December 9, 2015


Important News from The Hindu:

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News for November 29, 2015


Important News from The Hindu:

            [Important for: IP, IR, Business, Economy]

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An Update on GST- Goods and Services Tax


Goods and Services Tax (GST)

The GST or the Goods and Service Tax is a long pending indirect tax reform which India has been waiting for, is all set to integrate State economies and boost overall growth. The present government has expressed the hope that the GST will be implemented in the current winter session of parliament. The government has proposed to implement it from April 1, 2016. Finance minister of the current regime has even announced the release of RS 11,000 crore to states as compensation for the reduction in central sales tax to bridge the trust issues between Centre and states and get them to support the proposed goods and services tax (GST).

WHAT IS GST?

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