Indian retail is one of the fastest growing industries in India and contributes massively to the Indian growth story. By 2020, the industry is expected to reach the $1.1 trillion mark, and right now contributes 10% to the country’s overall…
The GST Council has recommended some major changes related to GST rates, and also proposed to streamline the process of filing GST returns. These proposals have been announced after the 25th meeting of the Goods and Services Tax (GST)…
Goods and Services Tax or GST can undergo some big changes before budget announcement, and we are already receiving vibes that 2018 shall be different. Some important changes in GST filing rules are expected, besides tax rate cut across…
Goods and Services Tax or GST collection in India have reached the lowest point till date. This is an alarming news, and Govt. officials are right now huddling together, to seek out ways to stop this race to the bottom.
Under GST reforms, a major step has been taken which will further ease the burden of GST returns filing, and encourage more taxpayers to embrace GST.
Government has now ordered all FMCG companies to revise their MRPs, with immediate effect as GST on white goods is all set to come down soon to the 28% slab
Confederation of All India Traders (CAIT,) a powerful lobby of traders and SMEs from all across country, has directly blamed Infosys for all GST glitches.
The powerful GST Council met today in Guwahati, and have removed 177 of the 227 items placed in the 28% slab. Now, only 50 items remain in the highest slab.
With GST already rolled out in public domain, Government is now concentrating on fine-tuning it to make it fairer & more acceptable to the people.
GST is the single-most disruption in Indian tax system. Some businesses have been wrongly charging GST + MRP. The govt. is looking to stop this malpractice.