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These types of taxes paid on Consumption by the consumer but they do not pay directly to the government (unlike income tax). For example, We pay VAT and other taxes on purchasing a product.
A Meeting of all-party was held in the Rajya Sabha on Friday. The Chairman of Upper House, Mr. Hamid Ansari pushed to end the warfare between the government and opposition, therefore this meeting was held and a deal was made to pass the six bills from Monday. Unfortunately, the meeting broke down regarding the GST bill passage.
President of the Indian National Congress party-Sonia Gandhi and ex-PM Mr. Manmohan visited the PM house on Friday evening as the current PM Modi invited them on tea to discuss about the GST Bill that is government’s most vital tax reform.
There are immense opportunities for a Chartered Accountant in private as well as public sectors. And talking particularly about public sectors there are several job profiles where a CA can fit in like account inspections, court appeals, representing various organizations, handling tax related issues, audits, etc. they might become the Finance Department head in public […]
