Live
- Mandal Level CM Cup Sports Concludes in Ija with Promising Talent and Enthusiastic Participation
- Harish Rao Slams Revanth Reddy: "More Talk, Less Action"
- Revolutionising Oil and Gas: Gaurav Kumar Sinha’s AI-Driven Innovations Transforming Efficiency and Profitability
- Vishal Jain to head AiDASH facility
- Congress Central Election Committee has finalised the names of around 20 candidates for the upcoming Delhi Assembly elections
- District Collector Adarsh ​​Surabhi has ordered to expedite the land acquisition process related to irrigation projects in the district
- Economics and Public policy gets new platform in Bengaluru
- Residents Demand Action After Accidents Highlight Poor Road Safety Measures
- Rahul Gandhi Visits Hathras Victim's Family, Slams BJP For Injustice
- Nitin Gadkari Admits India's Road Safety Crisis, Urges Change In Human Behavior And Infrastructure
Kerala prepared to implement GST: Minister
Kerala Finance Minister T M Thomas Isaac today said the state was well prepared to implement the Goods and Service Tax (GST) as it would be one of the states benefited most from the new tax regime.
Kochi: Kerala Finance Minister T M Thomas Isaac today said the state was well prepared to implement the Goods and Service Tax (GST) as it would be one of the states benefited most from the new tax regime.
Spelling out the benefits of GST for Kerala, Isaac, while launching the state-level GST regime in Kochi, said since Kerala being a consumer state its tax revenue would increase and this situation would help the state to overcome the financial deficit in four years.
He said the state government would organise GST consultancy council cell and meetings at district level to clarify doubts regarding the new tax regime.
The Minister also spoke an out some disadvantages of the GST.
Noting that GST has paved way for reduced tax for luxury items and excess tax for essential commodities, Isaac said it will lead to price rise and disparity in the society.
