News and Updates - GST, TAX, INCOME TAX, CA/ICWA/CS 19 JULY TO 24 JULY
GST
The government is set to promise compensation to states for five years after the rollout of goods and services tax (GST) in the Constitution Amendment Bill when it comes up in the Rajya Sabha while other recommendations of the select committee will be taken up before the indirect tax reform is implemented. READ MORE
2. Congress isolated on blocking GST as NCP, others pledge support to government's bill
5. DUE DATE OF DELHI VAT SALES TAX RETURN EXTENDED
GST
The government is set to promise compensation to states for five years after the rollout of goods and services tax (GST) in the Constitution Amendment Bill when it comes up in the Rajya Sabha while other recommendations of the select committee will be taken up before the indirect tax reform is implemented. READ MORE
2. Congress isolated on blocking GST as NCP, others pledge support to government's bill
The Congress party seems to be isolated on the issue of GST Bill. In a blow to the opposition party, its ally Nationalist Congress Party (NCP) has said that it will support the bill.
This came even as the Trinamool Congress (TMC) and the Janata Dal-United (JDU) also pledged support to the GST bill in Parliament. READ MORE
The select panel on Goods and Services Tax has submitted report in the Rajya Sabha with a proposal for three modifications to the Bill.
The modifications are related to Clauses 12,18, and 19. READ MORE
Trinamool Congress on Sunday came out in strong support of the government's ambitious GST bill, which is being scrutinized by a parliamentary committee, saying the measure was "good for the states, good for the Centre and good for the nation". READ MORE
DVAT NEWS
DUE DATE OF DELHI VAT SALES TAX RETURN for Quarter 1 of F/Y 2015-16 has been extended to 30/09/2015 as per circular no 15 of 2015-16 For forms EC-II and EC-III READ MORE
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