https://www.taxtmi.com/article/detailed?id=7265 Goods and Services Tax is presented as the central, imminent reform shaping the Union Budget's fiscal posture, with preparatory measures rather than a firm implementation timetable. The Constitution Amendment for GST has been acknowledged and the GST Council has finalised recommendations on rate contours, threshold exemptions, composition scheme parameters, compensation arrangements and draft laws. The Budget highlights scheduled IT development, industry outreach, administration under CBEC and cooperative federalism, and refrains from altering existing excise and service tax rates pending GST rollout. en-us Tue, 07 Feb 2017 09:21:28 +0530 Tue, 07 Feb 2017 09:21:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7265 Goods and Services Tax is presented as the central, imminent reform shaping the Union Budget's fiscal posture, with preparatory measures rather than a firm implementation timetable. The Constitution Amendment for GST has been acknowledged and the GST Council has finalised recommendations on rate contours, threshold exemptions, composition scheme parameters, compensation arrangements and draft laws. The Budget highlights scheduled IT development, industry outreach, administration under CBEC and cooperative federalism, and refrains from altering existing excise and service tax rates pending GST rollout. Articles Goods and Services Tax - GST Tue, 07 Feb 2017 09:21:28 +0530 https://www.taxtmi.com/article/detailed?id=7265