"The four supplementary legislations will be introduced in Parliament as early as on Monday," said a senior Finance Ministry official on Saturday.
"The four supplementary legislations will be introduced in Parliament as early as on Monday," said a senior Finance Ministry official on Saturday.
As reported earlier, the Union Cabinet has already cleared the four supplementary GST legislations: CGST, IGST, UTGST and Compensation Law for introduction and clearance in the ongoing session of the Parliament.
The government proposes to launch GST from July 1.
Finance Minister, Arun Jaitley, has previously emphasised the urgency to pass the GST laws during the current session of Parliament, saying that the Centre and the States will otherwise lose their right to collect indirect taxes after September 15.
The government is keen to bring in GST from July 1, and other aspects like bringing petroleum and land under its ambit will be considered after the first year of implementation of the new indirect tax, he had said in the Rajya Sabha.
For more details Visit Our Site : www.capitalstars.com
Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647
No comments:
Post a Comment