GST (Goods & Services Tax) Related Discussions

[Viki]

Poll-bound Modi offers middle class GST relief
Modi’s assurance of tax cuts comes in the wake of the opposition Congress winning in three of the five states that went to assembly polls recently, indicating that the national elections early next year may not be an easy battle for the National Democratic Alliance led by him.
Poll-bound Modi offers middle class GST relief

#AssemblyElectionResults Effect

Alas! If Bjp had not won in Gujarat or Up,ths could have happen much earlier.

Better too late than never

P Chidambaram was telling this GST rate for last two years

 

[Jas]

P Chidambaram was telling this GST rate for last two years

And he ignored all warnings,
Why is he so hell-bent on destroying this country!!

 

[Sai Jai]

And he ignored all warnings,
Why is he so hell-bent on destroying this country!!

Who ?? Indicating PC or NaMo ??

 

[Sai Jai]

Corporate Mitrons and will get Funds for his party thousand of crores in return.

The yearly election donation got by bjp is neaabout 280 crores they made a 1100 crore rs office in Delhi?

Answer for DeMo below

Rs 80,000 crore has come to BJP as donation in last 5 months: Anna Hazare slams PM Modi-led govt

BJP’s income double that of other 6 national parties together - Times of India ►

 

[Jas]

Who ?? Indicating PC or NaMo ??

I referred to the world's sole knowledgeable and most hardworking man.
Rest,u guess.

 

[Sai Jai]

I referred to the world's sole knowledgeable and most hardworking man.
Rest,u guess.

 

[Sai Jai]

On Tuesday, it rose 112 paise, its best single-day gain in over five years, to settle at 70.44 against the US dollar as crude oil prices dropped by more than $2 per barrel to $57.20, a 14-month low, and were trading in the $57.20-$58.50 range. This has eased concerns over possible swelling of India's current account deficit (CAD)

DNA Money Edit: Rupee may fall to 70/$ as crude slips

 

[Jas]

On Tuesday, it rose 112 paise, its best single-day gain in over five years, to settle at 70.44 against the US dollar as crude oil prices dropped by more than $2 per barrel to $57.20, a 14-month low, and were trading in the $57.20-$58.50 range. This has eased concerns over possible swelling of India's current account deficit (CAD)

DNA Money Edit: Rupee may fall to 70/$ as crude slips

Crude continues to slip.

 

[Viki]

In a stinging rebuttal to Gandhi’s repeated criticism of the Goods and Services Tax, a key economic reform of the NDA government, Modi said a recently emerged “economist” was propagating a “grand stupid thought” by suggesting that GST rate be capped at 18%.

- Nov 29, 2017

*

PM Modi Says 99% Goods To Be Taxed At Below 18% GST

- Dec 19,2018

 

[Girish]

Govt may continue GST compensation scheme till 2025

The Union government plans to create a backstop facility for states to receive compensation for three additional years to implement the nationwide goods and services tax (GST) after the expiry of the first five years as mandated by the Constitution. This is aimed at ensuring that states grappling with a revenue shortfall after the implementation of the GST regime do not face a sudden fiscal shock when the five-year transition period ends in 2022.

The backstop facility would help continue compensation through an annual transfer of the centre’s tax revenue to the states, for which the 15th Finance Commission would prepare a blueprint, two officials said. The recommendation will help states get the GST compensation till 2025, when this finance commission’s term ends.

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