Public Company

Announcement of GST rollout date likely on Jan 8

The date for rolling out the Goods and Services Tax could be announced on January 8, the Chairman of the Empowered Committee on State Finance Ministers, Asim Dasgupta, said today. - GST introduction may be delayed by up to a year - Better safe than sorry - GST will reduce tax burden by 25-30%: FinMin - Major structural defects in designing GST - Finance Commission Report on GST flawless - Farm goods, services to be dearer; GDP to gain: GST task force "There will be a joint statement after a meeting with Finance minister Pranab Mukherjee on January 8 on GST rollout," Dasgupta told reporters on the sidelines of the 23rd industrial trade fair, organised by the Bengal National Chamber of Commerce and Industry here. : GST introduction may be delayed by up to a year "We (state finance ministers) have a two-day meeting from January 7. We will meet Pranab Mukherjee before giving a statement on this," he said. Dasgupta"s statement came just a day after the Union finance minister said the scheduled April 1 date to introduce the new tax regime may be missed due to a lack of consensus among all the 28 states. Asked whether a consensus with all the states had been arrived at, Dasgupta did not make any comments. He said the Centre was working and contributing, and an advance had been made which would make it possible to introduce the GST at the appropriate time.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

News of the day
BPCL posts 62-fold rise in net
State-run Bharat Petroleum Corporation (BPCL) has posted a 62-fold increase in net profit of Rs 3,628 crore during the quarter ended March 2009 against Rs 58.4 crore in the year-ago period. The rise came on the back of higher oil bonds received and over-recovery on sale of fuel products.
Popular Articles

Universal Cables & IFGL Q2 results
Universal Cables Limited, belonging to the M P Birla group, has clocked in a net profit of Rs 6.95 crore for the quarter ended September 30, from a net loss of Rs 1.37 crores in the corresponding quarter of the previous year. Net sales were at Rs 130.11 crore against Rs 157.96 crore in the previous corresponding quarter. D R Bansal, chief executive officer, attributed this performance to the initiative of putting up a vertical continuous vulcanization line for the manufacture of XLPE cables up to 400 kV in technical collaboration with Furukawa Electric Co Ltd, Japan.

Zee pips STAR Plus for top position
Leads prime-time band with GRP of 113