Most of the daily labourers are in deep problems after the implementation of goods and services tax as well as of Demonetisation and are still finding hard to get work and cash in Kerala state.
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Most of the daily labourers are in deep problems after the implementation of goods and services tax as well as of Demonetisation and are still finding hard to get work and cash in Kerala state.
A few days back, the government brought up the three new GST Returns namely – Normal, Sahaj & Sugam Forms. Now news has surfaced that simpler GST rules & regulations along with the new returns are making the GST compliance easier due to which the taxpayers are expected to file their taxes by themselves which is affecting the business of the tax consultants.
Automobile dealers have anticipated the reduction in liquidity due to the modifications in GST laws. The Federation of Automobile Dealers Association (FADA) has written a letter to the Prime Minister’s Office, Finance Ministry and GST Council, expressing the resentful effect of the addition of section 49A to CGST law on their cash flow.
Ocean Freight transport is defined as the process through which merchandise goods and cargo and commodities are transported through shipways via shipping lines.
The impact of goods and services tax on the Indian army is very deep and has taken the overall debt up to 5 thousand crores. As earlier it was known that the Indian army lacked basic necessities like ammunition, arms, assault rifles, battle tanks and bulletproof jackets, now it is again under the burden of […]
The restaurant industry in Mumbai and Bengaluru feels good after the implementation of Goods and Services Tax (GST) and has been largely positive.
The implementation of Goods and Services Tax (GST) Regime is definitely a favorable step for the country in terms of economic growth as a whole.
Adverse effects of GST(Goods and Services) regime can be clearly seen over handicraft industries. Census data says there is a huge downfall in handicraft industry from 1996 to 2010. The growth has slashed by approx. 53% which is a drastic price change we can see on hand-made products. Apart from this, the new tax framework also intercepting the growth of the industry.
Retail has become the second largest sector after the agriculture and it has made a life time opportunity for the people working in the sector.