Government policies
Govt to advance Budget presentation to January-end
22 Aug 2016
With the onset of GST regime, there will be no need to present indirect tax proposals in the Union Budget, as taxes like excise duties, service tax and cesses would get subsumed under the proposed GST regime
SC lifts ban on large diesel cars in Delhi-NCR, slaps 1% green tax
13 Aug 2016
The apex court said that vehicles from 2,000cc onwards can be registered again on payment of one per cent of ex-showroom price as environment tax, thus legalising the ‘polluter pays’ principle
Rajya Sabha clears GST bill; AIADMK stages walkout
04 Aug 2016
The bill, which will pave way for most important tax reform in post-Independence India, was passed with all 203 members present backing it and 13 AIADMK members staging a walkout just before the voting
GST bill may sail through, but the rate has to be fixed: Chidambaram
03 Aug 2016
If left undefined, Chidambaram said, a future government may hike the GST rate to 23 or 24 per cent
Govt circulates amended GST bill ahead of RS debate tomorrow
02 Aug 2016
The amendments propose three key changes to the 2014 bill relating to the additional tax of up to 1 per cent, compensation to states, and a dispute resolution by the GST Council
Central staff, pensioners to get revised pay and arrears in August
30 Jul 2016
With the disbursement of seven months’ arrears, the government will be injecting nearly Rs60,000 crore into the economy in August, in one shot
GST Bill: States to get full compensation for 5 years
28 Jul 2016
The union cabinet has cleared changes in the Goods and Service Tax Constitutional Amendment Bill, dropping the 1 per cent manufacturing tax on inter-state sales