National

GST may face Hurdles in Rajya Sabha

New Delhi, May 07: The significant bill common goods and services tax (GST) might have been passed in the Lok Sabha, but it will face hurdles in the Rajya Sabha for which the government is seeking support of opposition parties to clear the legislation.

Prime Minister Narendra Modi wants to introduce the GST next year from April 1.

If the bill gets passed and adopted, the GST will replace the conventional system of collecting tax. The multi-layered central and state tax such excise duties, VAT will be converted to a single unified tax that will ease system of commerce and trade in the country.

To clear the legislation is the top priority for the government, which is in a minority in the upper house. Around two-third majority is required to endorse the bill.


PM Modi inaugurates new BJP HQ

New Delhi: Prime Minister Narendra Modi, in the presence of top party leaders including Amit Shah, inaugurated the new BJP headquarters in Delhi's Dee...

As Tripura Votes, Test For Manik Sarkar

Agaetala: Tripura votes today in assembly elections that will, for the first time, see a direct contest between the Left Front that has been in power ...

India-Iran Sign 9 Agreements, Focus On Chabahar Port

New Delhi: Prime Minister Narendra Modi held "substantive" talks with Iranian President Hassan Rouhani to boost cooperation in key areas of security, ...

PNB Scam: Ex-Bank Official, Key Accused In The Case, Arrested by CBI

New Delhi: The Central Bureau of Investigation (CBI) has arrested two former Punjab National Bank (PNB) officials, accused in Rs. 11,300 crore scam. T...