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Tax reform
Tax reform News
Colombia
20 May 2021
Colombia protests enter fourth week, demonstrators pledge to continue
The protests have been marked by violence by both police and civilians. The attorney general`s office has confirmed 15 deaths connected to protests, while one human rights group tallies more than 40
Colombia
29 Apr 2021
Thousands of Colombians take it to streets to protest against tax proposals
Colombia`s biggest unions came out on the streets around the country against tax reform proposal. Forty people were arrested for alleged vandalism. 31 police and civilians were injured.
GST Day
30 Jun 2018
Govt to celebrate July 1 as 'GST day' to commemorate first year of tax reform
The unprecedented GST was brought into effect on July 1, 2017 after being launched in a majestic ceremony at the Central Hall of Parliament on the midnight of 30 June, 2017.
Tax reform
02 Dec 2017
US Senate tax bill accomplishes major Obamacare repeal goal
Removing it while keeping the rest of Obama`s Affordable Care Act intact is expected to cause insurance premiums to rise and lead to millions of people losing coverage, policy experts say.
Donald Trump
02 Dec 2017
Trump tax overhaul on verge of passage in US Senate
Donald Trump`s sweeping tax reform plan inched toward final passage in the US Senate Friday, potentially becoming a major legislative victory for the president after overcoming resistance from Republicans concerned about its high cost.
Goods and Services Tax
02 Jul 2017
Meet 'GST': Mother names child after India's biggest tax reform - Know why
The Goods and Services Tax (GST) came into force after 17 tumultuous years of debate at the stroke of midnight on June 30.
GST
30 Jun 2017
GST rollout: Here's what industry experts feel on uniform indirect tax reform
With the biggest tax overhaul in the history of the Indian economy, the Goods and Services Tax (GST), just hours away from its rollout, industry experts are bracing for this `One Nation, One Tax Vision` of Prime Minister Narendra Modi`s government.
Paytm Mall
16 Jun 2017
Paytm Mall helps sellers to become GST-compliant
The company is supporting sellers get access to Goods and Service Tax Network (GSTN) numbers, simplifying the process of owning multiple GSTNs across states, it said in a statement.
GST
29 May 2017
GST will help in evolving India as tax-compliant society: FM Jaitley
The Goods and Services Tax, to be rolled out in just over a month, will not only check evasions but also help India evolve as a more tax-compliant society, Finance Minister Arun Jaitley said on Monday.
tax on solar power equipment
29 May 2017
Govt clarifies tax on solar power equipment, parts at 5%
India will levy a 5 percent tax on all equipment required for generating solar power compared with nil duty now, a government official clarified, putting an end to confusion about the new taxation policy for the industry after its landmark tax reform.
GST
03 Apr 2017
GST inches closer to July 1 rollout: Things that you must know
Touted as the biggest indirect tax reform since independence, GST would subsume central excise, service tax and other local levies.
Donald Trump
24 Mar 2017
Donald Trump demands support in do-or-die Friday vote on healthcare plan
U.S. President Donald Trump warned House Republican lawmakers that he will leave Obamacare in place and move on to tax reform if they do not get behind new healthcare legislation and support it in a vote on Friday.
GST Bill
07 Aug 2016
GST Bill to be tabled in Lok Sabha today
GST, the biggest economic reform since 1991, is likely to sail through smoothly in the Lower House. It will replace a raft of different state and local taxes with a single unified value added tax system to turn the country into world's biggest single market.
GST Bill
14 Jun 2016
Finance Ministry releases draft of model GST Bill
Finance Ministry on Tuesday released the draft of model GST Bill.
GST
04 Dec 2015
Government panel suggests standard GST rate of 17-18%
A government panel has suggested a standard rate of 17-18 percent under the proposed goods and services tax (GST), the country`s Chief Economic Adviser Arvind Subramanian told reporters on Friday.
GST
16 Sep 2015
Report on uniform GST rate by month end
The government panel set up to suggest a uniform rate of indirect tax under the GST regime will submit its report by this month-end and the roll out of the reform measure is possible any time next fiscal, a senior CBEC official said Wednesday.
GST Bill
11 Aug 2015
Government introduces GST Bill in Rajya Sabha amid ruckus
Amid ruckus by opposition members in the Rajya Sabha, Finance Minister Arun Jaitley on Tuesday introduced a constitutional amendment bill to enable implementation of goods and services tax (GST) in the country.
GST Bill
30 Jul 2015
Govt clears GST amendments, states to be compensated for 5 years
The Cabinet decided that the modalities for levy of 1 percent tax over and above the GST rate by states as well as the 'band' rate would be finalised while framing the rules, sources said.
GST Bill
29 Jul 2015
Cabinet approves amendments to GST Bill
The Union Cabinet on Wednesday approved amendments as proposed by Rajya Sabha Select Panel on GST Constitution Amendment Bill.
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