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Search results for: GST impact

Retailers Desire Early Roll-out of GST

Goods and service tax is already exciting many of the dealers to implement the changes it will come with by, still, the many industrial bodies are expecting the growth to be substantial and a positive one. The GST migration of the VAT dealers has carried away on the full-fledged manner and hopefully, seems to get finished by the end of this month. Retailers have looked for early execution of the Goods and Services Tax administration will be a distinct advantage for nation’s retail division.

Textile Sector Seeks 5 Percent Taxation Under GST

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.

Major States to Get Benefits in Service Tax After GST

Major States to Get Benefits in Service Tax After GST

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 […]

Logistics Organizations May Take Benefit From GST Implementation

Goods and service tax might prove to be a beneficial implementation for logistics firms. This point is creating buzz these days in the share market. But the sector knows that the sudden benefit will not shower upon them and the gradual hike will only be seen after one year of GST implementation.

CAG Demands Inclusion of Any Information In GST Draft Law for Auditing

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.

Inflation Rise After GST Implementation Only For Short Term: Nomura

Goods and service tax implementation is being speculated with many professional eyes and in this attempt, Nomura, Japanese financial service provider and a mogul in its field served its clever statistics over the Indian economical inflation and its overall impact along with its growth rate.

GST Talk: Nitin Gadkari Assures Smooth Road Ahead

Goods and service tax and demonetization both have called for an attack on all the illegal transactions and business avenues which were earlier happening in the Indian economy with its money stashing and tax evasion issues, and now the  Minister for Shipping, Road Transport, and Highways Mr. Nitin Gadkari has also emphasized on this same utilities in a positive manner.

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