Arvind Subramanian, the Chief economic adviser of the government of India, recently gave a hint that the country might be headed to implementing a single rate for GST, which was launched in July 2017.
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Arvind Subramanian, the Chief economic adviser of the government of India, recently gave a hint that the country might be headed to implementing a single rate for GST, which was launched in July 2017.
GST e way bill is an electronic bill which will be required for the movement of goods in case the value of the goods are above 50 thousand rupees. The bill can be generated from the GSTN portal and every registered taxpayer must require this e-way bill along with the goods transferred. And learn its […]
GST E Way Bill registration or enrollment is an easy procedure on Indian Government official portal (ewaybill.nic.in) as we have described a very simple manner. To generate GST e way bill, there are certain steps which have to be followed by the taxpayers. To generate the GST eway bill, it is mandatory to register on […]
The Finance Minister Mr Arun Jaitley, unlike previous years, has not been able to generate the usual pre-budget sales buzz. The main reason for this can be solely attributed to the new GST tax regime introduced on the 1st of July last year.
GST has not only increased the indirect tax base but also revealed the hidden face of Indian economy. GST has opened many folds after analyzing the facts and put shocking data in front of India.
The Indian FMCG market is finally on the road to recovery after the double jolts of GST and Demonetisation. Emami, a major FMCG firm, in a statement, said that the demands from the rural markets are slowly gaining momentum.
According to critics, GST is badly implemented tax as it is fighting against constant changes in rates and returns. But is it a truth or reality is different or just a self-flagellation from some groups?
With the exclusion of electricity from the GST, Indian consumers will be paying Rs 30,000 crore extra in a year as a spending on power consumption. The power producers are not able to get credit for taxes and cess paid and this can be burdensome for them.