Group items tagged

According to the Election Commission, the Biennial elections will be held on March 21, 2016 for 13 Rajya Sabha seats in six states. Therefore, the ruling BJP has confidence that they will get enough majority to pass the GST in the Parliament.

Credit rating is not a necessary requirement for any Micro and Small Enterprises (MSEs) to get loan from Banks and Financial Institutions at economical rates, said Minister of State (Independent Charge) for Micro, Small and Medium Enterprises (MSMEs) Dinsha Patel in a written reply to a question in the Rajya Sabha.

The government has initiated different measures to ensure adequate domestic availability of yarn and raw cotton, Minister of State for Textiles, Panabaaka Lakshmi said on Wednesday in a written reply in the Rajya Sabha.

The GST Bill, which has been passed in Lok Sabha but stuck in the Rajya Sabha, is likely to miss its April 2016 deadline. Read five reasons that might be made influence on the Bill

The Goods and Services Tax has proven as trending point of the country. After over the winter session, political interference is being seen on the GST yet. Now The ruling BJP's chief leader and FM Arun Jaitely said that opposition will loss their majority in next session, therefore we will get a good chance to roll out the Bill in the Rajya Sabha.

The Union Cabinet chaired by the Prime Minister has approved the Integrated GST, Central GST, Union Territory GST and GST Compensation bills on March 20, 2017. These four bills will now have to be passed by the Parliament. It is expected that the bills will be introduced in the Parliament early next week as a 'money bill' (note that the Rajya Sabha does not have the power to amend or reject money bills and is required to return it to the Lok Sabha within 14 days). Should the July 1, 2017 target for the introduction of GST in India be met, the Parliament will have to pass these bills before the end of the budget session (on April 12, 2017).