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BJP ruled states has taken a matter seriously of GST council which kept a section of assesses of the Goods Tax and all assesses of Service Tax under the exclusive control of the Central government. A protest has been scheduled on 17 October at Delhi which will demonstrate the discontentment of the employees by this course of decision.
No result found! Clear search 1. Overview of Goods and Services Tax (GST) 1. What is Goods and Services Tax(GST)? It is a destination-based tax on the consumption of goods and services. It is proposed to be levied at all stages right from manufacture up to final consumption with credit of taxes paid at previous […]
State wise list in which GST is passed: S.No. State Name Date 1. Assam 12th August 2016 2. Bihar 16th August 2016 3. Jharkhand 17th August 2016 4. Himachal Pradesh 22th August 2016 5. Chhattisgarh 22th August 2016 6. Gujarat 23th August 2016 7. Madhya Pradesh 24th August 2016 8. Delhi 24th August 2016 9. […]
As per the CRISIL’s report(October 2015), the insurance industry of India consists of around 52 insurance companies of which 24 are life insurance and 24 are engaged in non-life insurance companies. India’s Life insurance sector recorded a new premium income of Rs. 1.38 trillion for the period April 2015 to March 2016 indicating a growth rate of 22.5 percent.
India’s biggest tax reform has taken place by the introduction of GST. With the idea of ‘One Nation One Tax,’ the tax is warmly welcomed by the majority.
More than 55% of the Rajya Sabha members supported the Government’s Goods and Services Tax legalization. Most of the Regional Parties like J Jayalalitha’s AIADMK and Mayawati’s BSP fully supported GST in parliament. Along with BJP’s 53 MPs, 55% of the strength of the total 243 MPs totally gave their support to the Bill account.
A brief introduction to the fat tax, which is particularly liable for food types that are not suitable for large-scale consumption. The Kerala government has introduced the Fat tax for the first time in the state to slow down junk food consumption. The revenue generated from this tax will be used for the development of […]
For widening the taxpayer base and reaching a large number of people who need help with tax things, The Income Tax Department is in the process of establishing over 60 facilitation centres- Aaykar Seva Kendras from Goalpara in Assam to Neemuch in MP. These ASKs will help the people in conducting their personal and business […]
A-VAT Solution is a leading software for filing VAT Tax returns in India. On a brief note, a value-added-tax is defined as a tax, which has been enhanced up at each stage of the production or distribution of a product. In terms of generating VAT returns, you will find a huge list of software’s over […]
