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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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

14 Jun 2016

Finance Ministry releases draft of model GST Bill

Finance Ministry on Tuesday released the draft of model GST Bill.

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.

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.

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.

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.

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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