As of now the Indian public is not sure of the future benefits of GST and have considered it to be disruptive for the business community in the recent polls conducted.
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As of now the Indian public is not sure of the future benefits of GST and have considered it to be disruptive for the business community in the recent polls conducted.
In a moral approach towards the betterment of the tax community as well as of the commerce students, the Labour & Employment department of the Gujarat government is now discussing upon a 100 hour-long crash course on the new GST tax regime for all the aspiring commerce graduates at the Industrial Training Institutes (ITIs).
In a very exciting news from the government revenues department is that the estimations of revenues from the Goods and Services Tax may cross INR 1 lakh crore a month mark while going towards the end of upcoming next fiscal year
GST council cleared recently that whatever the cost of oil and gas manufacturers recovers from the sale of petroleum just before transferring benefits to the government which comes under the production sharing contract is not subjected to the goods and services tax.
Tax cases are much of concern in the Indian economy as more than 2 lakh tax cases are currently floating through various appellate litigations on all the levels of the judiciary.
GST was touted as a Good and Simple tax for the people. However, six months down the line traders continuously complain that the accounting and return filing cost have doubled. The GST council as well as the government claims of:
SAG Infotech has always been promoting cultural activities for the benefit of SAG employees by organizing free eye check-up, blood donation camp and award distribution.
GST e-way bill, which was put on hold after technical glitches experienced by the portal, is now rescheduled to launch by the end of this month.
India based logistics and courier company DTDC reports a growth in business for its warehousing vertical as an impact of GST.