It has been noticed that a news item is in circulation in various social media platforms, WhatsAPP Groups, and some websites which mentions that Indian Railways is introducing several changes and new facilities with effect from 1st July, 2017. This news is totally incorrect and baseless.
I do not believe that this process of GST is restricted to the scope of economy only. This momentous occasion stands today as a testimony to the concept of Co-operative Federalism in Indian Democracy.
The Goods and Services Tax came into force at midnight, amid a historic midnight session in the Central Hall of Parliament. President Pranab Mukherjee, Prime Minister Narendra Modi, and Finance Minister Arun Jaitley addressed the gathering, before the President and the Prime Minister pressed a button to mark the launch of GST. Speaking on the […]
At the time of the release of the Foreign Trade Policy (1st April, 2015-31st March 2020), it was mentioned that the policy would be reviewed mid-term with the objective of making a mid-course assessment and modification where required. During one of the stakeholder consultations, it was announced that an effort will be made to release […]
Every decision in the GST Council, he pointed out, was taken with absolute unanimity with 3/4th majority, in which 2/3rd representation was from the States. In other words, he said that this is for the first time that a major decision in the Government has been taken with the spirit of absolute federalism with full cooperation of all the States and Union Territories of the Union.
Ministry of Railways is fully geared for the roll out of GST w.e.f. 1st July, 2017. Exemptions granted from the levy of GST in respect of Passengers travelling in Second class, Metro, Sleeper Class. Exemption from levy of GST granted in respect of Transportation by Rail of Agricultural Produce, relief materials, milk, salt, food grain […]
President said that the introduction of GST is a momentous event for the nation. It was also a moment of some satisfaction for him because, as the Finance Minister, he had introduced the Constitution Amendment Bill on 22nd March 2011.
With effect from 01.07.2017 Government imposes levy of 10% basic customs duty (BCD) on cellular mobile phone, specified parts thereof and certain electronic goods.
GST regime to deter inter-state smuggling of fertilizers by integrating the entire fertilizer market into a Single Market. Farmers to benefit to the tune of Rs. 1261 crores under GST regime: Shri Ananthkumar
Making a brief address before the launch of Goods and Services Tax (GST) from the Central hall of Parliament House, Prime Minister Narendra Modi said that it would build a better India. He said that GST was a shining example of cooperative federalism. The Prime Minister added that GST was a result of hard work […]
