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As an initiative to boost the digital payments and bolster the cashless economy, the Government of India has introduced a new provision Section 269SU Prescribed Electronic Mode and subsequently notified Rule 119AA through the Finance (No. 2) Act, 2019 that prescribes certain electronic modes of payments as a mandatory facility for costumers to be given […]
Enrol your name for a 4 day advanced certified training course on GST presented by Ministry of MSME (Micro, Small and Medium Enterprises). It is a clear opportunity to learn about GST at a much-advanced level. The training starts from 29 June 2019 in some of the prime cities like Ahmedabad, Jaipur, Agra, Cochin, Lucknow, […]
Statistics reveal the increasing credit card frauds in the past two years. The credit card frauds have taken a toll in the Mumbai city and have risen by a massive 42 per cent. So, it is to make you aware of the increased chances of credit card fraud if you are the owner of one! […]
A smart humanitarian step regarding GST elimination on the equipment, including wheelchairs, crutches and hearing aids by an 11 years old schoolboy.
This Article deals with defining and categorizing the transactions between the employer and employee from GST point of view.
In a move that promises landscape changes to India’s logistics landscape, the revenue department plans to integrate e-way bill with DMICDC’s Logistics Data Bank (LDB) services and NHAI’s FASTag mechanism.
New Delhi, the National Capital, and Mumbai, the Financial Capital, are now recording an unprecedented increase in petrol and diesel prices.
Goods and services tax has given a growth in both automobile sales as well as oil demand in India due to its taxation structure. The rise in oil demand is attached to the increased sales in passenger cars and utility vehicles after the announcement of GST and its relevant tax rates on automobiles.
According to a report by broking firm Bank of America Merrill Lynch BofA-ML, says that, India is set to enter into biggest tax reform today midnight, people who are running small and medium enterprises (SME) still have no idea how the Goods and Service Tax (GST) regime impact their business or product prices.
