archiveRajya Sabha

The BJP led state of Assam made headlines by being the first state ever to pass the Goods and Service (GST) tax Bill. The GST is the biggest reform in the country’s indirect tax structure, the 122nd Constitutional Amendment was recently passed by the Rajya Sabha. And was passed by the Lok Sabha on Monday, with 443 members present in the House voting in favor of the bill. The government also announced that the deadline for the rollout of the bill would be April 1, 2017. In a quote to...

IT hardware lobby group Manufacturers’ Association of Information Technology (MAIT) is hopeful for GST bill passage in Rajya Sabha this week. The GST Bill, which is pending for several years, is likely to be approved by the Rajya Sabha as the government has listed the Bill under this week’s agenda for consideration. Government is expected to get support for the passage of proposed GST Bill in the Upper House. It is a destination-based tax that will reduce the tussle amongst the origin state and the destination state, often seen to...