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This portal provides effective GST (Goods and Services Tax) news about what is going in the financial world such as filing, taxes, evasion of taxes, etc. The financial news will bring you the knowledge and are helpful for the CAs.
The Blogs on this portal will also tell you about the trending GST news and financial updates whether it might be from any government or non-government portal. You can also stream into the GST articles relevant to the GST REG, the updated scheme for the people of India, and awareness about how to manage or provide consultancy to the people of India in managing their businesses.
The blog will regularly provide press releases of the GST council meetings held by the finance minister of India. Moreover, people can also seek information about the petitions imposed by the applicant and the progress or the result of the cases.
The GST regime has a clause to be ascertained as the assumptions are stacking at the need of GST secretariat would be the next demand by every state after the implementation of the upcoming taxation reform. This need has been raised to cope up with day to day issues resolving the GST procedures.
Reserve Bank of India, a high commission emblem in Banking fraternity is very much sure that the GST pre-decided rate will be coming to a good position while sticking to 18 percent which will be no harm to the CPI inflation charts too.
A billion euro company of France named FM Logistics has decided to invest EUR50 million in coming four years in India which will be a major investment by the globally renowned company. The upcoming decision taken by the company is in the viewpoint of India’s decision to implement Goods and service tax in the taxation web.
Ajay Kanwal, CEO Asean and South Asia at Standard Chartered Bank, visited India as part of the Singapore business forum along with Singapore Prime Minister Lee Hsien Loong, was seated along with media personnel and shared some positive notes about the upcoming taxation reform GST in India along with future planning of the bank in the country.
The commercial Tax department has been enraged by the upcoming GST regime and its shortfalls over the Union government and demands the government attention on the issues related to GST. The protest like scenario was created in Vizianagaram and Srikakulam on Monday.
The disagreement emerged between the states and Centre regarding the Centre’s administrative control of service tax assessees, which was earlier accepted in the first meeting. The council didn’t accept the points noted down on the first meeting which was held on 23rd September.
GST application is proving tons of work and pressure on the government which has to roll out the reformative taxation regime on a pre-decided timeline of 1 April 2017. In the direction of preparation, the revenue department has to scoop up the training session to a steep level as there is a giant target of 60,000 official to be trained in a meager amount of time.
Tamil Nadu saw a significant discussion meeting recently in which Salem Central Excise and Service Tax Commissionerate made some important clarifications on Goods and Service tax regime which is destined to roll out on April 1, 2017, absorbing all the indirect taxes currently prevailing in the nation.
Electric vehicles have got much fame in recent years due to their economical maintenance and environmentally friendly behavior. Now the manufacturers of electric vehicles have demanded relaxation from GST on the basis of aforementioned facts. Also, the impact of the GST on the auto industry is expected to be fruitful according to leading automakers in India and the on-road price of vehicles will also go down under the GST regime.