https://www.taxtmi.com/news?id=17252 The Finance Minister reiterated the objective to implement the Goods and Services Tax from April if outstanding design and administrative issues are resolved, emphasising a constitutional requirement to enact the regime by a fixed deadline. Key obstacles include Centre-state disputes over dual control of taxpayers and compensation for state revenue shortfalls; the GST Council is identified as the forum to resolve these governance and compensation issues. The Minister linked GST and ongoing digitisation efforts to simplification of levies, reduction of evasion, expansion of the formal economy, and strengthened revenue mobilisation. en-us Wed, 11 Jan 2017 13:12:38 +0530 Wed, 11 Jan 2017 13:12:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17252 The Finance Minister reiterated the objective to implement the Goods and Services Tax from April if outstanding design and administrative issues are resolved, emphasising a constitutional requirement to enact the regime by a fixed deadline. Key obstacles include Centre-state disputes over dual control of taxpayers and compensation for state revenue shortfalls; the GST Council is identified as the forum to resolve these governance and compensation issues. The Minister linked GST and ongoing digitisation efforts to simplification of levies, reduction of evasion, expansion of the formal economy, and strengthened revenue mobilisation. News - Wed, 11 Jan 2017 13:12:38 +0530 https://www.taxtmi.com/news?id=17252