Tag: Gst

New Delhi/Bhubaneswar: At the stroke of the midnight hour, India marked a new era by rolling out its unified indirect taxation regime, the Goods and Services Tax (GST) which aims to bind the country under an idea of “one nation, one tax, one market”. President Pranab Mukherjee and Prime Minister Narendra Modi pressed button to […]

New Delhi: Goods and Service Tax (GST) being touted as the  the biggest tax reform of the country, is all set to be launched by Prime Minister Narendra Modi at Parliament’s historic Central Hall at midnight. President Pranab Mukherkee will also be present at the event. Here’s a quick look at some updates ahead of […]

New Delhi/Bhubaneswar: Odisha Finance Minister Shashi Bhusan Behera and Principal Secretary of Finance department Tuhin Kanta Pandey are scheduled to attend the Goods and Services Tax (GST) launch ceremony at the Parliament Central Hall on midnight. Chief Ministers of States, MPs and Opposition leaders have been invited to the function where Union Finance Minister Arun […]

Considered to be one of the biggest tax reforms since Independence, the Goods and Services Tax is all set to impact the prices of every good and service. Here is a list of the goods and services and the taxes they will attract under the GST regime. GOODS Exempted Milk, eggs, salt, fresh vegetables, fruits, […]

Bhubaneswar: The Goods and Services Tax (GST) Bill will be taken up for discussion in the Odisha Legislative Assembly tomorrow after the members of the house unanimously approved a motion for the same. Earlier today, Finance minister Sashibhushan Behera introduced the GST Bill 2017 and the VAT amendment Bill. However, having received the copy of […]

Bhubaneswar: The Odisha government has called for a two-day special session of Legislative Assembly starting today to deliberate on the GST and VAT (amendment) bill in the House. Prior to it, a workshop on GST was organised by the Finance Department on Wednesday for legislators. The law makers were imparted training by the experts and […]

Bhubaneswar:  The implementation of the proposed Goods and Services Tax (GST) bill will pave the way for creation of a unified market for goods and services, and promises to boost the country’s gross domestic product (GDP) growth rate by up to 2 per cent, said experts who attended a workshop on GST organised by the […]

Bhubaneswar: A workshop on Goods and Services Tax (GST) will be held in the premises of the Odisha Legislative Assembly to educate legislators today ahead of a two-day special session beginning tomorrow to ratify the State GST Bill. Officials of the State Finance department and representatives of the Government of India will train the legislators […]

Bhubaneswar: The Odisha government today approved the GST (Goods and Services Tax) Bill after the cabinet gave its nod for implementation in state across all goods except six. Among the 6 goods which have been kept out of the ambit of the State GST, 5 are petroleum products and the sixth one is alcohol. The […]

Bhubaneswar: After the recent ministry reshuffle, the State Cabinet will meet for the first time today to discuss the implementation of Goods and Service Tax (GST) and Odisha Value Added Tax (Amendment) Bill. Besides, some proposals of Agriculture and Technical Education departments are likely to be tabled in the Cabinet. The meeting will be chaired […]

Bhubaneswar: The state Assembly will be convened for a two-day special session to discuss the State Goods and Services Tax (SGST) bill, a mandatory requisite that needs to be followed before the proposed nationwide implementation of uniform GST. The decision to convene a special session came after an approval from the Governor. The special session […]

Bhubaneswar: A day after the Lok Sabha passed four supplementary legislations to pave way for the implementation of Goods and Services Tax (GST) across the country, the Odisha government said that the State’s demands were not considered while deciding to implement the regime. Citing his displeasure over the form in which the GST was passed, […]

Bhubaneswar: Amidst falling revenue, the Odisha government’s focus will be on increasing revenue generation in the upcoming 2018 annual State Budget. At the pre-budget meeting of the Finance department with former finance ministers, representatives from industries, economists investors, RBI and Nabard officials, emphasis was laid on the areas through which revenue collection can be increased […]

Bhubaneswar: Union Finance minister Arun Jaitley today said the recent currency changes, and also the proposed Goods and Services Tax (GST) would eventually benefit the whole country and certainly a state like Odisha. Addressing the ‘Make in Odisha’ Conclave in Bhubaneswar, Jaitley said “India of course has remained one of the finest islands of growth […]

Bhubaneswar: Odisha’s Finance minister Pradeep Amat on Thursday visited Delhi to attended the two-day-long GST council meet beginning today. According to reports, Amat will raise various demands of the state in the meeting. While, the Odisha is supporting the GST, it is opposing cess. Like Odisha, other coal producing states like- Chhattisgarh, Jharkhand and West […]