Biz-novosti

Left no stone unturned in building consensus: Jaitley on GST rollout


Tarigami said that is the reason Opposition parties are demanding a separate state law for implementing GST in Jammu and Kashmir.

Meanwhile, Kashmir Traders and Manufacturers Federation ( KTMF) has called for a complete shutdown in the occupied territory, tomorrow (July 01), the day the Indian government is planning to implement GST in India.

Finance Minister Arun Jaitley had said the Narendra Modi-led government will stick to its plans to roll out the Good and Services Tax on July 1 despite requests for a deferment from several quarters.

"Jammu and Kashmir is also trying to pass the bill, I hope that they are able to do it soon".

Manzanita Fire continues to burn at 5000 acres, evacuation warning in place
Those statistics don't count any of the fires that began burning in June, including the 27 fires now burning across 11 states. The fire was 10% contained Tuesday morning, according to the California Department of Forestry and Fire Protection.

He said that the existing tax regime had lacunae which allowed the possibility of evasion. "In short, traders can use this PIN and Password to update their current information on the GST portal having URL www.gst.gov.in", Additional Commissioner Department of Commercial Taxes Dr Shameed Ahmed said. The Constitutional amendment also took place with consensus.

A consensus is evading the political parties on the issue and all efforts and pleas made by the PDP-BJP coalition government particularly Finance Minister, Haseeb A, Drabu, so far, have failed to convince the opposition which has publicly vowed to fight any move that would weaken further J&K's special status guaranteed under Article 370 of the Indian Constitution. The situation, he said, is fragile and we don't want social chaos which ultimately impacts our economy. Traders are angry at the hurried manner in which the GST is being implemented.

"We will take a final call", Finance Minister said while announcing scheduled all party meet. Rather, the former chairman of the GST Council had earlier demanded adequate safeguards before extending the amendment to Jammu and Kashmir. It has also said that GST would also cause "irreparable financial losses" to the state. The taxes to be integrated under GST include Central Excise Duty, Duties of Excise, Additional Duties of Excise, Additional Duties of Customs, Special Additional Duties of Customs, Service Tax, State VAT, Central Sales Tax, Luxury Tax, Entry Tax in lieu Octroi, Entertainment Tax, Taxes of Advertisement, Purchase Tax, Taxes on Lotteries, Betting and Gambling and State Cess. "We can not turn a blind eye to our constitutional and political issues while fighting for Azadi", he maintained.

Baig said Article 246-A of the Constitution of India, under which the government of India will impose GST, should be preceded by the rider that the constitutional powers of J&K under Section 5 of the State Constitution shall remain intact so that the state government can exercise its powers on (tax) rates at any time.

Related Articles

  • Bill Cosby's legal team attack sex assault accuser's credibility

    Bill Cosby's legal team attack sex assault accuser's credibility

    Constand told her Cosby returned from the dinner table in his home that night and opened his hand to show her three blue pills. She said Cosby then penetrated her with his hand and also placed her hand on his penis and moved it back and forth.

    Airbag manufacturer Takata files for bankruptcy protection

    As of May 26, only 38 percent of the air bag inflators under recall in the U.S. had been repaired, according to data on the U.S. By the 1980s, the firm had ballooned into a top global auto parts player on the back of Japan's surging economic clout.
    US navy ship 'did not heed collision alert'

    US navy ship 'did not heed collision alert'

    P-8 Poseidon aircraft is working in concert with two JMSDF Helicopters and a JMSDF P-3 Orion aircraft to search the area. Aucoin , commander of the US 7th Fleet, during a news conference this week. "This has been a hard day", Aucoin said.
  • Masterpiece Cakeshop Is Fighting for the First Amendment, Not Against Gay Marriage

    Masterpiece Cakeshop Is Fighting for the First Amendment, Not Against Gay Marriage

    Hodges , the Constitution entitles same-sex couples to civil marriage "on the same terms and conditions as opposite-sex couples". Lesbian, gay, bisexual, transgender and queer advocacy organizations condemned the decision as undercutting marriage equality .
    London tower blocks evacuated as 34 buildings fail fire tests

    London tower blocks evacuated as 34 buildings fail fire tests

    One tribute, from a firefighter in the Kensington and Chelsea borough read: "20th floor, we tried. we're sorry". Ms Gould said that the council was left with no choice after the London Fire brigade declared the blocks unsafe.
    Conservatives and DUP on brink of coalition deal

    Conservatives and DUP on brink of coalition deal

    He also said that he wanted to take the opportunity to "ensure that a spotlight is shone on [the DUP's] LGBT rights record here". Pressed on the reports, Environment Secretary Michael Gove declined to deny it.
  • Qatar says working on response to Gulf demands, but says they're unrealistic

    The UAE, Saudi Arabia , Egypt and Bahrain have accused Qatar of funding extremism and have cut ties with the Arab state. This list of demands is non-negotiable and should be implemented in full", remarked Al Jubeir.
    NDP, Greens vote against their political goals in favour of defeating Liberals

    NDP, Greens vote against their political goals in favour of defeating Liberals

    Welfare ratescan be increased by only $100 a month, such a modest sum that even the B.C. A $10 daycare spot for every tot will take a decade to build and staff.
    Sears cutting jobs; key digital exec to leave

    Sears cutting jobs; key digital exec to leave

    Sears is providing its eligible associates severance compensations and assistance with their transition. These actions are created to help the retailer reach its $1.25 billion annualized savings goal.
  • US House passes bill named after murdered Cal Poly grad

    US House passes bill named after murdered Cal Poly grad

    The House also voted, 257-167, in favor of legislation increasing penalties for those who re-enter the USA after being deported. A bill known as " Kate's Law " would impose harsher prison sentences on deportees who re-enter the United States.
    Trump holds first talks with Ireland's new prime minister

    Trump holds first talks with Ireland's new prime minister

    Trump congratulated Varadkar on his "great victory" during the conversation. Irish Prime Minister Leo Varadkar held a phone call with U.S.

    'Transformers' tops box office but is biggest in China

    " Transformers: The Last Knight " is expected to knock " Cars 3 " off the top of the US box office for the weekend ending Sunday. The key to saving our future lies buried in the secrets of the past, in the hidden history of Transformers on Earth.

Comments