India Plans to Implement GST from April 2017

Prime Minister of India Narendra Modi
Prime Minister of India Narendra Modi

India Plans to Implement GST from April 2017

The Prime Minister of India Narendra Modi held a meeting Wednesday to review the preparedness for rollout for Goods and Services Tax (GST).

The meeting was attended by Union Finance Minister, both the Ministers of State for Finance, senior officers from the Prime Ministers office and Finance Ministry.

GST (वस्तु एवं सेवा कर) aims to implement a national value-added tax in India.

Calling GST as the best example of cooperative federalism, earlier the Prime Minister had said that this reform will promote Make in India project, help exports and thus boost employment while providing enhanced revenue.

[ Request for Help to Open Free School for Poor Children ]

In order to ensure that there is no slippage on date of implementation of GST from 1st April, 2017, the Prime Minister reviewed the progress made on various steps needed for the rollout of GST.

The steps include preparation of Model GST laws and rules, establishment of IT infrastructure for both Centre and States, training of officers of Central and State Governments and outreach for awareness of trade and industry.

Modi directed that all steps must be completed much before 1st April, 2017. He observed that GST Council would need to have intensive meetings to be able to make timely recommendations relating to its mandate provided in Article 279A including making recommendations relating to Model GST laws, GST rates, goods and services that may be subjected to or exempted from GST.

Support Independent Fearless Journalism

In today's media world controlled by corporates and politicians, it is extremely difficult for independent editorial voices to survive. RMN News Service has been maintaining editorial freedom and offering objective content for the past 10 years despite enormous pressures and extreme threats.

In order to serve you fearlessly in this cut-throat world, RMN News Service urges you to support us financially with your donations. You can choose the amount that you want to donate from the options given below. 

You also can select any of the Payment Methods:

Offline Donation: To know our bank details for online bank transfer and payment by cheque in Indian rupees.

PayPal: To make payment by Credit / Debit Card or PayPal account.

$
Select Payment Method
Personal Info

Donation Total: $10.00

RMN News

Rakesh Raman