Powerd By SAG INFOTECH
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Today tax officers will observe the Monday as a ‘black day’ and protest against the decision taken by GST council. The protest will show their dissatisfaction with the decision.
The GST is going long, on all the parameter to showcase its importance and here on 26 January parade also saw its light glimpse, as a magnificent and knowledge offering tableau was given space on the Rajpath to give an insight upon the upcoming taxation regime which has believed to be potent of transforming India into a better nation.
A fleet of members from the association of Indian Revenue Service will be raising an issue in front of the apex body of GST and center for the rights which this offers inherit naturally. The association has confirmed a meeting with the union minister Arun Jaitley and other ministries to resolve their issues and some natural challenge that these officials will try to force and implement within the GST council.
The goods and service tax will be giving away some of the hardships to sectors and industries which are already having some struggles with the endurance. In this consideration, the union minister Venkaiah Naidu has raised his voice for the newspaper media sector.
The goods and service tax has been very significant for lots of industries which are in the dilemma of the after-effect of the upcoming GST regime. The majority of the sectors are hiking up to the revenue as the GST promised the growth and many of other assumptions as of what earlier statistics can transform into new one.
GST will be soft even in the cases of criminal activity within the premise of tax collection. As per from the sources, the authority is discussing about provision which can give some relaxation to the dealers or any business units if it’s found guilty of not repaying tax or providing false information and in order to make GST administration less burdensome
A rating agency ICRA has come out with an unexpected positive sign for the states, mainly Maharashtra, Tamil Nadu, Karnataka, West Bengal and Gujarat for their increased profits in the generation in service tax after the implementation of goods and service tax which is now scheduled to be applied from July 1. The assumptions are taken aback that the […]
Comptroller and Auditor General of India (CAG) has started its practice towards raising powers in their respective fields. While the department has always enjoyed the auditing of likewise all the information of taxation base of revenue generated in the consolidated funds of India, this time the eyes are raised for the inclusion of this power into the upcoming GST draft law to continue their prowess.
The Goods and Services Tax constitutional amendment having been declared by the Govt of India, the rollout of the GST Bill will be an aggregate exertion of the Central and State Governments, the citizens and the IT platform supplier i.e. GSTN, CBEC, and State Tax Departments.
