Following presidential assent last week to the GST Bill, the Union Finance Ministry on September 12 notified the provisions of the Constitution Amendment Act that allows for setting up the Goods and Services Tax (GST) Council. “The Central Government hereby appoints the 12th day of September, 201…
Tag: AIADMK
GST & MSMEs | Impact assessment
On August 3, 2016 Rajya Sabha has finally passed the much awaited 122nd Constitutional Amendment bill which allows GST to be implemented. It took around 16 years, since GST first got conceptualized by Vajpayee govt, but better late than never. Finally the Bill has been passed unanimously in the R…
All parties except AIADMK supporting GST; voting remains
August 3, 2016: As the debate on GST Bill continues in Rajya Sabha with voting likely to be held late into the night, all parties supported it except for AIADMK. Today in the Rajya Sabha session on GST, main opposition Congress and most other parties, except AIADMK, expressed support, with certai…