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With the motive to encourage the environment-friendly automobile fuel, Auto LPG industry is looking forward and behesting for the contraction in GST rates on LPG conversion kits for automobiles from the current 28% to 5%.
After the Commercial Tax Department, by interrogating the utility of the bureau, Minister of M.P. State, Mr Brijendra Singh Rathore has issued the ultimatum for the closure of the Anti-Evasion Bureau.
Tax officials propagated that the Income Tax Department has introduced a modification in the process of issuing refunds to the taxpayer. The department used to issue refunds to taxpayers either in their bank accounts or through account payee cheques, depending on the category of taxpayers. But from this assessment year, tax refunds will be issued […]
The government has confronted Rs 20,000 crore GST evasion in 2018-19, out of which Rs 10,000 crore has been recovered, rest 50% are yet to be retrieved from the corrupt businessmen who follow these illegal practices of GST dodging.
On 24th Feb 2019 GST council in its 33rd meeting, Council mulled over the proposals to cut GST rates on real estate. Once the proposals are cleared, buying an under-construction apartment will become cheaper.
Despite the fact that Bhiwadi is one of the small towns of Alwar in Rajasthan, having the total population of barely one lakh, has become a key contributor in government revenue by giving 12 per cent of the total GST accumulation from Rajasthan in the state treasury.
The new law of AAAR has extended our attention to a different aspect of the business which involves the employer and employee relationship and the facilities provided by the former to its employees.
GST – one country one tax has brought uniformity in the taxation system which led to the decrement in U.P.’s total GST revenue shortfall from 20% of last year from July to march
Maharashtra State officers endorsed a proposal that looks for the resolution of all the taxation-related discords and disputes pending prior to the Goods and Services Tax(GST) era.