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Today GST is the sole tax governance of the nation and keeping this fact in mind the Confederation of All India Traders (CAIT) has written a proposal to the Human Resource Development Minister Ramesh Pokhriyal Nishank asking to accommodate chapters on GST in schools or colleges. CIAT further says that the current education system is […]
Association of Chartered Accountants is voicing out against the confluent changes in the tax return filing software and forms seeking excess information about long-term capital gains tax. In this regard the Bombay Chartered Accountant Society (BCAS) – India’s oldest voluntary body of Chartered Accountants, has written a letter to the finance minister Nirmala Sitharaman, seeking […]
GST Council has fixed the GST rate for goods and services but time to time the council members reduce the GST slab rate as per the demand of people and businesses. All the goods and services are taxed under seven slabs – 0%, 0.25%, 3%, 5%, 12%, 18% and 28% on the basis on Harmonized […]
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, […]
The taxpayers in India have got a big relief ever since the government passed the new GST Act. With the implementation of the new GST Act, the cascading effect of various taxes has been diminished by the government to a greater extent. Thanks to the new GST regime based on the ‘One Nation, One Tax‘ […]
With the finalization of Lok Sabha election results, the finance ministry is full-fledged ready with the 100-day agenda for the new government. The preparation of this agenda is a step taken by the FinMin, after receiving orders from Prime Minister’s Office, with the antecedence motive of boosting the economy which declined to 6.6 per cent […]
CARE Ratings, the research and rating firm has estimated that the collection of the gross GST (Goods and Services Tax) for this FY will range between INR 12.60 lakh crore to INR 13.40 lakh crore for which the monthly collection must range between INR 1.05 to INR 1.12 lakh crore. The firm analysed the indirect […]
India Inc, the service sector including the Government and the Corporate sector, has got a hint regarding tax rebate from the Finance Ministry.
Despite the fact that Bhiwadi is one of the small towns of Alwar in Rajasthan, having the total population of barely one lakh, has become a key contributor in government revenue by giving 12 per cent of the total GST accumulation from Rajasthan in the state treasury.
