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Tuesday, the government’s Finance Minister Nirmala Sitharaman said it will investigate lowering cement’s 28% Goods and Service Tax (GST) rate. In the midst of the present global unrest, she added, the nation has been able to get petroleum at comparatively reduced rates because of good leadership. She asked India Inc. for unconventional suggestions that would […]
Union FM Nirmala Sitharaman has shown the list of items, no GST would be drawn on them on loose selling and not prepacked or prelabeled. In between the protests by the opposition members on the GST levy on some new items and on the increase in the cost. Opposing the 5% GST on the food […]
In commemoration of 44th Civil Accounts Day, the Finance Minister Mrs Nirmala Sitharaman addressed the public saying that the introduction of new Indirect Tax GST What is GST and why it matters to you? Read out all impacts, including pros and cons of Goods and Services Tax on you and Indian government economy. Read More […]
The collection of Goods and Services Tax (GST) has been exhibiting an upward trajectory yearly since its implementation on July 1, 2017, and the average total monthly collection in the current financial year so far is Rs 1.66 lakh crore, as stated by Finance Minister Nirmala Sitharaman on Monday. In a written response to a […]
Budget 2022 is all about to be presented on 1st February 2022 with lots of expectations to be projected on common people demand. The economic survey has defaulted on multiple schemes earlier and now the union finance minister is set to present the same. There are multiple expectations from the budget 2022-23 which will be […]
Office bearers of the Institute of Chartered Accountants of India meet Finance Minister Nirmala Sitharaman so as to have the consequences of the move to dispense with audit beneath GST act. They urged the government’s move to rectify the compliance of the law for the easy functioning of the trade and business sector. They show […]
Commerce and Industry minister Nirmala Sitharaman has given some moments to the finance minister Arun Jaitley to discuss various issues of exporting industries while also talked about the labor-oriented work being practiced in various hand made manufacturing industries.
After the plea of commerce and Industry minister Nirmala Sitharaman on the issue of exporters, refund duty which takes a long time than normal has been considered in view of traders blocked revenue for investments. The issue was raised in the eighth meeting of the GST council while the quick reaction of the request is what takes an attention.
FM Nirmala Sitharaman dismissed the fact that increasing goods and services tax (GST) collections only provides an advantage before the Centre. She elaborated that the indirect tax system increases the revenue of the state by nearly Rs 9 trillion between 2018-19 and 2022-23 compared to the amounts that have been collected via the before subsumed […]
