India's finance minister says GST needs to be implemented by next September
- Wall Street again marks new highs in post-election run
- Broadcom Ltd. (AVGO) Tops Q4 EPS by 11c
- Restoration Hardware (RH) Tops Q3 EPS by 4c; Guides Well Below the Street
- Unusual 11 Mid-Day Movers 12/8: (COOL) (TLRD) (DRAM) Higher; (SHIP) (OHRP) (MLSS) Lower
- After-Hours Stock Movers 12/08: (FNSR) (AVGO) (GLPG) Higher; (XTLY) (RH) (DLTH) Lower (more...)
India's Finance Minister Arun Jaitley gestures as he addresses a gathering during a seminar on 'Income Declaration Scheme-2016' in Ahmedabad, India, July 10, 2016. REUTERS/Amit Dave
Get access to the best calls on Wall Street with StreetInsider.com's Ratings Insider Elite. Get your Free Trial here.
NEW DELHI (Reuters) - India needs to roll out the proposed Goods and Services Tax (GST) by Sept. 16, 2017, Finance Minister Arun Jaitley said on Thursday.
Jaitley added that the government was aiming to implement the new sales tax next April.
Under a law passed by parliament for the tax's implementation, some of the existing levies would expire after Sept. 16.
(Reporting by Manoj Kumar; Editing by Malini Menon)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Japan doubles Fukushima disaster-related cost to $188 billion
- African governments urged to help 3.5 million people uprooted from their homes in 2015
- White House voices concerns about China cyber law
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!