Don’t push for changes in GST Bill, Government tells panel

Categories: Articles
No Comments

Don’t push for changes in GST Bill, Government tells panel 

The GST Panel met last Friday to review the Constitutional Amendment Bill. As of now, the Congress Party stands isolated on the 1 percent additional tax to be done away with.

The Central Government is trying to convince members of the Rajya Sabha select committee to not push for changes in the Goods and Services Tax (GST) Bill, ahead of the Monsoon session.

Ahead of the GST panel meet on July 17, the Government is hoping to convince the other party members that a change in the council’s composition will not be a wise move because fiscal policy should be the prerogative of the Central Government.

The Congress party is trying to dilute the Centre’s representation from one-third to one-fourth in the GST Council.

Read more:

http://www.moneycontrol.com/news/cnbc-tv18-comments/dont-push-for-changesgst-bill-government-tells-panel_1949261.html
Hope the information will assist you in your Professional endeavours. In case of any query/ information, please do not hesitate to write back to us.

Thanks & Best Regards.

Bimal Jain
FCA, FCS, LLB, B.Com (Hons)

 

Delhi:
Flat No. 34B, Ground Floor, Pocket – 1,
Mayur Vihar, Phase – I,
Delhi – 110091, India
Desktel: +91-11-22757595/ 42427056
Mobile: +91 9810604563

 

Chandigarh:
H. No. 908, Sector 12-A,
Panchkula, Haryana – 134115

 

Kolkata:
Ist Floor, 10 R G Kar Road
Shyambazar, Kolkata – 700 004

 

Email: bimaljain@hotmail.com
Web: www.a2ztaxcorp.com

 

LinkedIn: https://in.linkedin.com/pub/bimal-jain/14/601/4b4
Face book: http://facebook.com/bimal.jain.90
Twitter: https://twitter.com/JainTax
YouTube: https://www.youtube.com/channel/UCp0tT5ShjB4KHJRSlPc3t5w 

 

Disclaimer: The contents of this document are solely for informational purpose. It does not constitute professional advice or recommendation of firm. Neither the authors nor firm and its affiliates accepts any liabilities for any loss or damage of any kind arising out of any information in this document nor for any actions taken in reliance thereon.

Readers are advised to consult the professional for understanding applicability of this newsletter in the respective scenarios. While due care has been taken in preparing this document, the existence of mistakes and omissions herein is not ruled out. No part of this document should be distributed or copied (except for personal, non-commercial use) without our written permission.

CLOSE
CLOSE