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No result found! Clear search 1. Overview of Goods and Services Tax (GST) 1. What is Goods and Services Tax(GST)? It is a destination-based tax on the consumption of goods and services. It is proposed to be levied at all stages right from manufacture up to final consumption with credit of taxes paid at previous […]
Even after almost a month of the launch of GST in India, people and businesses are still struggling to accept it completely. Let’s see how people from different areas are reacting to GST and what are their concerns.
Yesterday, commenting on the Goods and Services Tax, the Prime Minister Narendra Modi said that it is not just GST Bill stuck in the Rajya Sabha rather it is a “Matter of Sorrow”. Narendra Modi went to Jagran Forum that held by the Dainik Jagran group in New Delhi on Thursday and there Mr. Modi told, “It is not only GST, but many pro-poor steps are stuck in Parliament.” He further said, “Democracy cannot function at the whims and fancies of anyone.”
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.
