A formal decision on including petrol, electricity, liquor and real estate under state GST is likely to be part of Jammu and Kashmir's budget for 2017-18, scheduled for presentation in the first week of January
2 min read17 Oct 2017The Jammu and Kashmir assembly passed the state goods and service tax Bill 2017 and is set to rollout the indirect tax reform from Friday midnight
1 min read7 Jul 2017Arun Jaitley says Jammu and Kashmir, being a consuming state, would also benefit from GST and the revenue of the state will increase
2 min read6 Jul 2017Jammu and Kashmir, the only state which failed to meet the 30 June timeline for the GST rollout, is likely to clear the legislation on the indirect tax regime by 6 July
3 min read1 Jul 2017Jammu and Kashmir Legislative Assembly will meet for a special session on Monday to discuss the issue of implementing the GST in the state
1 min read30 Jun 2017Arun Jaitley rejects demands for deferring the GST rollout, saying the Constitution does not give luxury to delay the nation's biggest economic reform by six months
3 min read28 Jun 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared