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The portal provides eminent updates about the ongoing details and news on GST filing, taxes, news on evasion, etc. Such news will keep you updated about the information of everything going on in the Goods and services tax arena.
Also, our SAG infotech blog gives updates about the trending GST news where one can find the relevant information on the latest tax slabs updated. Also, find complete information based on the discussion and important things in the meeting held by the finance minister of India known as the GST council meeting. The GST articles held about the GST REG forms, faceless schemes, updated policies are also included on the portal.
The news about various cases applied by the petitioner along with the judgment held is also available in our portal. The trending details about the financial governing bodies and their decisions and ruling will be updated, thus you will need to continuously visit our portal for more information so as to get the updated details.
At the moment, there are many rumors regarding India’s biggest reform, GST Bill. As per the sources, the Goods and Services Tax (GST) rate may be reduced from 18 percent. If the GST rate is less than 18 percent then there is a good chance that it will be emerged to roll-out the GST Bill in the Winter Session of Parliament and the opposition parties also want to reduce the GST rate. Therefore, they won’t have any reason to delay it further more.
The grand alliance between Janata Dal (United) and RJD has made their presence in Bihar state by registering a massive victory. The party might create a buzz in the Parliament from the beginning of Winter Session, by indicating to support the opposition party on the GST Bill.
The All States Finance Ministers have met together in a meeting on Friday regarding the GST Bill. The meeting was held in the context of cull a new chairman of the GST Panel and debate on the Bill. State FMs is willing to pass the Goods and Services Tax system. The empowered committee meeting is directed by the Delhi deputy chief minister, Mr. Manish Sisodia, said the states were “divided” over the threshold.
Finance Minister, Arun Jaitley met the opposition party leader, Rahul Gandhi on Wednesday to invite him in his daughter’s marriage, next month. When the meeting was held a week before the winter session of Parliament, the Congress didn’t quoted any word on the discussion.
Finance Minister, Arun Jaitley says that the Prime Minister of India, Narendra Modi has majority votes to pass vital reform, Goods and Services Tax that was first proposed in 2006. Talking about the GST Bill, it is an indirect tax and one of the best and biggest economic reforms in India. The Bill could be applied from April 1, 2016 after it’s approval. The anti-persons of Narendra Modi have blocked the measure in the Rajya Sabha, Finance Minister told in an interview of Bloomberg TV India.
Ex Finance Minister of Kerala Mr. K M Mani has stepped down from his post of chairman of the empowered group of State Finance Ministers panel on Goods and Services Tax. He has resigned from his current post and sent his resignation letter to the Finance Minister of India, Mr. Arun Jaitley. He was taken oath of Chairperson of the panel of GST in the March, 2015.
The NDA Government is focused on their target to get the Constitution amended to apply the GST Bill from 1st April, 2016. But the opposition parties could delay the GST rollout date, especially the Congress party wants to make changes in the Bill.
Finance Minister Mr. Arun Jaitley said on debacle of the coalition of NDA in Bihar state that the defeat will not make any bad impact on the investors as they are very wise persons, they believe on our government. The financial improvements will continue.
The most important reform will be delayed due to political interruptions as per CFOs of India. According the Yes Bank survey, around three fourths of CFOs have told that the crucial Goods and Services tax might be levied by next fiscal.