Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2018        Go!    
March 18, Sunday 2018 1:14 PM       

       HEADLINES: Two workers killed in accident                                              LPG tanker lorry overturns in Malappuram                                              Toll in Theni forest fire touches 17                                              Three AIIMS doctors killed in accident on Yamuna Expressway                                              Student faces suspension for not taking part in gun violence walkout                                              Pak PM discusses Afghan peace process with US VP                                              Trump re-affirms plan to meet Kim Jong Un                                              Pak to skip WTO meet in New Delhi                                              India advanced in 30 years as much as Britain did in 150: Paul Krugman                                              IPL 2018: Pune to host two play-off matches                                              KP confirms retirement in heartfelt Instagram post                                              All England Open: Sindhu eyes final berth                                              Kaumudi Facebook
       BUSINESS Next Article: Central govt employees can now take advance up to Rs. 25 lakh for new home  
       Chidambaram expects 'shower of changes' post GST Council meeting
         Posted on :11:25:51 Nov 10, 2017
       Last edited on:11:25:51 Nov 10, 2017
         Tags: Chidambaram, post GST Council meeting

NEW DELHI: Former Finance Minister P Chidambaram on Friday said he is hopeful of a "shower of changes in GST rates" in lieu of the Goods and Services Tax (GST) Council meeting in Friday.

The senior Congress Party leader took to twitter and said "Expect a shower of changes in GST rates from GST Council meeting today. Panic-stricken government has no option but to concede demands for change."

Citing the political tussle in poll-bound Gujarat, Chidambaram claimed that the government was "forced to heed advice of Opposition and experts on flaws in implementation of GST." Further, he claimed that debates on GST can no longer be avoided on a public domain, and the letter written by the Congress-ruled state finance ministers to Finance Minister Arun Jaitley would "set the tone for discussions" during the meeting.

"Congress FMs letter exposes the structural flaws in the design and implementation of GST. Government can no longer duck these issues. Congress FMs will force changes in GST Council meeting today. Agra, Surat, Tiruppur and other hub towns are watching," he tweeted.

On a related note, day two of the 23rd meeting of the GST Council is slated to be held later in the day in Guwahati and will be chaired by Finance Minister Jaitley.

Reports suggest that the council is likely to take up the issue of benami properties and inclusion of real estate under the GST ambit during the meeting. The council is also expected to review some items under the 28 percent tax slab, along with a review of slashing tax rates on restaurants and proposals on extended liberalisation of SMEs.

Next Article: Central govt employees can now take advance up to Rs. 25 lakh for new home
Delhi holds first exhibition of International Jewellery Brand Chemmanur's Diamonds Collection  
RBI issues corrective framework for PSBs  
Verka exhibits its product range at Krishi Unnati Mela 2018  
Sensex dives 510 pts on political concerns; extends losses for 4th day  
Sebi slaps Rs 12 L fine on merchant banker in Onelife Capital IPO case  
Now there is a marketplace to buy and sell pre-owned taxis in India  
Tata group Chief Ethics Officer Mukund Rajan quits  
Gold softens on muted demand, global cues  
Wholesale inflation eases to 2.48% in Feb'18  
Sensex down 150 pts, Nifty slips below 10,400  
SBI reduces charges on non-maintenance of minimum balance  
Regulations should not impact pace of innovation: Google  
No Nirav Modi firm in the list of 2.26 lakh deregistered cos: Govt  
Paytm to be official umpire partner for IPL 2018  
Sensex zooms the most in two yrs, Nifty above 10,400 on global relief rally  
Sensex rallies 301 pts ahead of IIP, inflation data  
Nirmala Sitharaman invites private sector in Defence  
Alstom completes all-electric ‘Make in India’ locomotive, announces €75 million contract  
Limit collateral damage from bank frauds: ASSOCHAM  
Handy tips for women before joining a new job  
Nearly 17cr Aadhaar cards linked with PAN: Centre  
GST Council likely to simplify tax returns  
RBI imposes Rs. 5 cr penalty on Airtel Payments Bank  
Jaitley to chair 26th GST Council meeting Saturday  
Sensex ends marginally lower on late sell-off  
Do you think controversies are now being used as business tools?
don't opinion
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy