Arun Jaitley

The first meeting of the Goods and Services Tax Council here on Thursday gave an indication that a host of issues remained to be resolved, even as its Chairman and Union Finance Minister Arun Jaitley hoped all pending issues...

The Cabinet has cleared the process, formation and functioning of the Goods and Services Tax (GST) Council, which will decide on the rate of tax under the new indirect taxation regime. The Cabinet, headed by Prime Minister Narendra Modi, has approved the...

The government is racing against time to meet the 1 April 2017 implementation date for the goods and services tax (GST) but will strive to meet this deadline, said finance minister Arun Jaitley. Speaking at an event, 'The Economist -...

Celebrities endorsing misleading advertisements can be jailed for up to five years and face a fine of Rs 50 lakh under a new draft law, which will be taken up by a group of ministers. The Centre in August...

A Parliamentary Committee has called upon Finance Minister Arun Jaitley to keep tab on transaction made in cash, for sale or purchase of bullion and/or jewellery where the value of each transaction is below Rs 2 lakh. "The committee would...

As India took a big leap towards a unified Goods and Services Tax (GST) regime across the country, with the upper house of parliament passing the relevant Constitution amendment bill on Wednesday, industry biggies and major think tanks said...

In the retail sector, GST means seamless integration of goods and service transaction across states and benefit for the value chain at different stages…

The Goods and Services Tax (GST) regime will benefit micro, small and medium enterprises as it provides for a single-tax system across India, West Bengal Finance Minister Amit Mitra said on Wednesday. "The GST's primary focus is to benefit micro,...

If implemented successfully, it is expected to add up to 2 per cent to the country’s gross domestic product, increase the tax base and ensure revenue buoyancy...

The retail industry too will see an indirect impact due to increased efficiencies in the supply chain and cost to customer will go down as the multiplicity of taxes will no longer apply...