GST Bill: 10 things to watch out for

The Constitution does not provide for a parallel levy of indirect taxes by the Centre and states, a pre-requisite for the roll-out of goods and services tax in the country. The government......

Visionary Budget but devil lies in the implementation

Image: India set for high growth. Photograph: Rupak De Chowdhuri/Reuters     The government has provided a long-term vision, avoiding any "big-bang" reforms but the devil will be in the......

Centre hopeful of GST nod at Oct 21 meet

The Union government is pushing states to agree to its proposed Constitution amendment Bill on a goods and services tax when the Empowered Committee of State Finance Ministers meets here on October......

Centre relents; GST not to have a uniform rate

The proposed Goods & Services Tax (GST) on Tuesday got a fillip, with the Centre relenting on some key demands of states and paving the way for implementation of the indirect tax reform, albeit in......