Prøve GULL - Gratis
Towards GST consensus
Financial Express Ahmedabad
|July 16, 2025
Move to rope in home minister in rate rejig talks will give political heft to efforts in bringing states on board
-
With little headway in the restructuring of the goods and services tax (GST) framework, it is just as well that Union home minister Amit Shah plans to discuss the issue with states to try and get them on board before the GST Council's next meeting.
The fact is that a consensus on rate rationalisation has eluded the GST Council despite several rounds of discussions, at the 45th meeting in 2021, and more recently, the 55th meeting in December 2024.
Given how contentious some of the proposed changes can be and how these might be contested even by Bharatiya Janata Party-ruled states, trying to build consensus so that the proposals are ratified quickly at the GST Council meet would be worth the effort.
In any case, getting involved in politically sensitive economic matters is nothing new for the home minister as he has been involved in the past in decisions on disinvestment, price rise of staple food items, etc.
Indeed, a rejigging of the GST construct has been on the anvil for some time now.
Denne historien er fra July 16, 2025-utgaven av Financial Express Ahmedabad.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Financial Express Ahmedabad
Financial Express Ahmedabad
Accreditation for AIF investors made simpler
THE SECURITIES & Exchange Board of India (Sebi) on Friday simplified the accreditation requirements for alternative investment funds (AIF) investors.
1 min
January 10, 2026
Financial Express Ahmedabad
Merck may acquire Revolution Medicines
MERCK & CO IS in talks to acquire the cancer-focused biotech company Revolution Medicines, according to a report in the FT.
1 min
January 10, 2026
Financial Express Ahmedabad
Bain’s Manappuram deal faces delay as RBI objects
SEBI, COMPETITION COMMISSION HAVE ACCORDED APPROVALS
1 min
January 10, 2026
Financial Express Ahmedabad
US exit from solar alliance to have little impact: Industry
THE US PULLING out of the International Solar Alliance (ISA) is expected to have minimal impact on Indian renewable energy companies due to their growing manufacturing prowess in solar equipment, industry executives and consultants said.
1 mins
January 10, 2026
Financial Express Ahmedabad
Why haven't tariffs crashed the US economy?
Delays in data collection, Trump's discrepancy in following through with his threats, and uncertainty among importers make tariff shocks not fully visible
3 mins
January 10, 2026
Financial Express Ahmedabad
RIL in talks for US permit to buy Venezuelan oil
RELIANCE INDUSTRIES
1 min
January 10, 2026
Financial Express Ahmedabad
India for a rules-based world order, says Das
INDIA'S APPROACH TO the changing global order is anchored in a clear principle: a cooperative and rules-based international system, complemented by proactive partnerships that safeguard national interests, said Shaktikanta Das, principal secretary-2 to Prime Minister Narendra Modi.
1 mins
January 10, 2026
Financial Express Ahmedabad
Takes the DaVinci Code to the road
THE USP OF THIS SUV IS ITS SUSPENSION NAMED AFTER THE RENAISSANCE GENIUS
2 mins
January 10, 2026
Financial Express Ahmedabad
SP Group unit may face higher costs in fresh fundraising
SHAPOORJI PALLONJI GROUP (SP Group) could likely be saddled with higher interest rates when its unit Goswami Infratech raises fresh funds, after another unit was forced to raise interest rates, two sources familiar with the plans said.
1 min
January 10, 2026
Financial Express Ahmedabad
Trade deal stalled as Modi didn't call Trump: US Commerce Secy
A TRADE PACT between India and the United States stalled last year because Prime Minister Narendra Modi did not make a telephone call to President Donald Trump ahead of a deal, US Commerce Secretary Howard Lutnick said on Friday.
1 min
January 10, 2026
Listen
Translate
Change font size
