Indian Inc requested early implementation of Goods and service Tax
Jan 7, 2010 Goods and service Tax
India Inc on Tuesday asked Finance Minister Pranab Mukherjee to introduce Goods and Services Tax “as early as possible”, amid speculations that the indirect tax reform may not be implemented from the scheduled date of April 1. “We want that the GST deadline should not be missed,” Ficci president Harsh Pati Singhania told reporters after a pre-budget meeting with Finance Minister Pranab Mukherjee along with other industrialists here on Tuesday.
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Tags: cii, finance minister, goods and services tax, gst deadline, india inc, indirect tax, industrialists, inter state, levy, preparedness, Sales Tax, speculations, tax reform, tax reforms
Finance Ministry started the process of pre-Budget consultations
Nov 26, 2009 Finance
With just three months left for the Union Budget 2010-11, the Ministry of Finance has started the process of pre-Budget consultations. A first round of pre-Budget meetings with the various ministries has already taken place.The ministry has also written to industry bodies to send in their proposals for the Budget. It will hold discussions with the industry beginning next month.
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Tags: budget meetings, central excise, consultations, economists, economy returns, finance minister, finance ministry, fiscal stimulus, goods and services tax, government official, growth path, gst deadline, indirect taxes, industry bodies, ministry of finance, pranab mukherjee, revenue secretary, slowdown, union budget