GST Helpdesk   Subscription   Demo   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

Won t blink on GST launchno excuse for biz not being ready FM

Won t blink on GST launch,no excuse for biz not being ready:FM - Goods and Services Tax - GST - Dated:- 20-6-2017 - New Delhi, Jun 20 (PTI) The government will not blink on rolling out the GST from July 1, Finance Minister Arun Jaitley said today, emphasising that businesses cannot give any excuse for not being ready as enough time was given to them for preparation. However, implementation of the Goods and Services Tax (GST), which will unify more than a dozen separate levies to create a single .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

stest-growing major economy an easier place to do business in, would bring down barriers between 30 states and unifying the USD 2 trillion economy and 1.3 billion people into a single market. Jaitley said GST over the medium to long term will lead to higher revenues to Centre and states while also increasing the size of the economy and having a positive impact on the GDP. We should be prepared that when the switchover will take place. In the short-term, there will be some challenges, he said. Th .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

. 65 lakh who have registered they did not face problem, the five who have faced problems are on Twitter, he quipped. Ruling out deferring the rollout because of a small number of people who say businesses are not ready, he said when reforms are implemented the first principle is you should never blink. If you blink, then you get derailed. We have for the last six months saying that the date is July 1. Nobody had any business to be not ready, he said. Jaitley said the government has already rela .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version