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Goods and service tax has taken a lot of attention recently due to economic factor. One for advancement and another for its drawback related to strict compliance introduced.
GST is a complex taxation reform, it enhanced the compliance burden on taxpayers and they are facing problems in filing returns. To get rid of this problem, the government had informed to the tax officials to keep an eye on the activities of the newly implemented indirect tax regime.
Hosur is a city in Tamil Nadu , located at a height of 3000ft from the sea level. The temperate climatic condition in Hosur differs from rest of the cities in Tamil Nadu and is the reason for being envied by others. It has a very pleasant climatic condition throughout the year.
Delhi, Chief Minister Arvind Kejriwal is blaming two greater moves – including Demonetisation and Goods and Services Tax (GST) for job scarcity. The economic conditions of the country reached to a ‘sad state’ and the opposition parties celebrating the ‘black day’ to mark the first demonetization ceremony.
Every online business generates revenue by advertisements and selling through affiliate marketing. Under GST (Goods and Services tax) regime, the provisions are clearly mentioned for e-commerce operators.
The Goods and Services Tax (GST) is expected to get a new reform that will be more extensive than the changes made so far to straighten out hurdles in making GST compliant and less burdensome.
Amway, an MLM company, demanded the reduction in GST rate on Food Supplements urging the government that the preventives to the health problems should also be considered as important as medicines.
GST has been again in talks due to the Haryana government which will demand reduction in tax rates of plywood and spare parts of farm equipment.
GST implementation is proving very hard for many of the startups which provide home services like UrbanClap and Housejoy.
