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GST

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Uber fights to avoid GST

The Australian Financial Review - ‎Jul 20, 2016‎
After years of intense lobbying to get the privileges of the taxi industry, ride sharing app Uber has refused to be labelled a taxi in order to avoid GST. If Uber loses, Uber passengers will have to start paying 10 per cent more for their rides as ...
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Fate of GST stuck in political logjam

Economic Times - ‎6 hours ago‎
NEW DELHI: Political clouds appear to be gathering over the ongoing monsoon session of Parliament, where the GST Bill tops the priority list of the government's legislative road map for the remaining two weeks of the sitting.

Week ahead: Street to tune into central banks' action, GST progress

Economic Times - ‎4 hours ago‎
"All eyes are going to be on the monsoon session and cues on the passage of GST," said Sacchidanand Shukla, senior vice-president at Axis Capital.
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GST: Centre reaches out to states proposing sharing of powers in administration

Economic Times - ‎3 hours ago‎
NEW DELHI: Days before the government makes a determined push for the goods and services tax (GST) in the Rajya Sabha, the centre has reached out to states proposing sharing of powers in administration of the tax and seeking their support to ensure ...

Nitish Kumar-led Bihar government seeks help from Centre for GST devices

Economic Times - ‎6 hours ago‎
Bihar has supported the GST in principle, he told ET. "Our chief minister Nitish Kumar has recently made it clear. Ab iski rup rekha kya hai, dekhenge.
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Congress to support to GST only after all concerns are addressed: Jyotiraditya Scindia

Economic Times - ‎20 hours ago‎
Scindia said the Congress has been demanding that the overall GST rate be capped at 18 per cent and additional one per cent tax for compensating the manufacturing states be scrapped.

To cancel or not cancel a GST registration

The Sydney Morning Herald - ‎Jul 18, 2016‎
When the GST system was introduced in 2011, the new tax was paid by the final consumer of goods and services - not by businesses.

ATO steers GST legal case away from Uber

ZDNet - ‎Jul 20, 2016‎
The Australian Taxation Office (ATO) has disputed Uber's attempts to raise doubt around the "ordinary" definition of "taxi travel" as outlined by the Goods and Services Tax (GST), saying that the connotation of the phrase along with the words taxi and ...
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In season of GST, states go to apex court over crores due in entry tax

The Indian Express - ‎Jul 22, 2016‎
AMID the ongoing debate over the Goods and Services Tax (GST) Bill, a nine-member Constitution bench of the Supreme Court has begun hearings on a dispute related to the power and authority of states to impose an indirect tax that is set to be abolished ...

Limerick council sets out its stall on GST greenway

Limerick Leader - ‎14 hours ago‎
But for Limerick to gain a slice of that action, she argued, clarifying the image of the GST was vital. Other greenways such as the ones in Mayo and Waterford offered coastal scenery.
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GST bill will continue to rule market sentiments (Weekly Outlook)

Business Standard - ‎21 hours ago‎
"Though it may not lead to an immediate impact on markets, there cannot be an argument about the fact that GST is a big and much-needed structural reform.

Carbon tax could lower emissions and GST

Phys.Org - ‎Jul 22, 2016‎
He found if the price of carbon credits increased to $75 right now, and rose by $20 a year from now on, and a carbon tax for non-ETS sectors was introduced and set at the same levels, the government could use the extra tax take to lower GST by 2.5 ...
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For GST consensus, Jaitley speaks to Congress, gets Nitish backing

The Indian Express - ‎Jul 19, 2016‎
parliament, parliament monsoon session, monsoon session 2016, gst, gst bill, goods Finance Minister Arun Jaitley and other BJP leaders after the parliamentary party meeting in New Delhi on Tuesday.
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India, GST and a National Market

Wall Street Journal - ‎Jul 18, 2016‎
Replacing these taxes with a single GST will create a national market for the first time. The National Council of Applied Economic Research, an independent think tank, estimates the reform will add 1.7% to GDP.
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'Will seek compensation if GST is disadvantageous'

The Hindu - ‎Jul 23, 2016‎
Chief Minister V. Narayanasamy on Saturday said that he would urge the Centre to compensate Puducherry if any provision of the proposed Goods and Service Tax (GST) was disadvantageous to Puducherry. Talking to reporters here, Mr. Narayanasamy said ...

'Engaging with political parties to ensure passage of GST Bill'

Economic Times - ‎Jul 23, 2016‎
Government is engaging with various parties to ensure the passage of GST Bill during the ongoing Monsoon session of Parliament, Union Minister for Parliamentary Affairs Ananth Kumar said.

I am okay with Udta Sensex, 70% chance GST will go through: Raamdeo Agrawal

Economic Times - ‎Jul 18, 2016‎
The tug-of-war between the BJP and the Congress over the GST continues, delaying a nod to the much-awaited tax reforms. If implemented, GST will have a far-reaching effect on India Inc and the broader economy. But might take at least two years for it ...

GST Bill: The sticky points and what is possible

Economic Times - ‎Jul 17, 2016‎
All hopes are pinned on this monsoon session of Parliament for the passage of the much-delayed Goods and Services Tax (GST) law with the government and Congress trying to find a middle ground.

As GST vote approaches, Tamil Nadu parties may hold the key

Business Standard - ‎Jul 23, 2016‎
With the Good Service Tax (GST) Bill scheduled to be tabled in the Rajya Sabha next week, all eyes are now in Tamil Nadu parties, including ruling J Jayalalithaa-led All India Anna Dravida Munnetra Kazhagam (AIADMK) and Dravida Munnetra Kazhagam ...

GST positive for long-term growth, implementation from April: Nomura

Economic Times - ‎Jul 20, 2016‎
While the fine print of the GST is still awaited, Nomura's sector impact analysis suggests implementation of the GST will be generally positive for consumption-related sectors (like auto, consumer durables and FMCG) and cement, given the potential ...
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