GST Bill

Federal Reserve System, which is US’s central banking system, has prepared a report according to which Goods and Services Tax (GST) regime will boost our GDP by 4.2%, which is Rs 6.5 lakh crore. Note here, that Rs 6.5 lakh crore is…

India’s leading association of traders and merchants, Associated Chambers of Commerce and Industry (Assocham) has complained that current definition and scope of e-commerce under Goods and Services Tax (GST) regime is ambiguous and…

As per latest information coming out related to implementation of GST regime, it is now clear that service tax is all set to increase under the new tax structure. As per statements issued by Revenue Secretary Hasmukh Adhia, we have…

The rollout of Goods And Services Bill (GST) is now 99% confirmed effective July 2017. After Lok Sabha passed 4 crucial bills related to GST late last month, Rajya Sabha has cleared the bill without any modifications. Now, only…

After 7 hours of intense debate, Lok Sabha finally passed 4 crucial GST bills, which means that July 1st rollout of GST regime across India is now almost confirmed. The GST Bills approved by the Lok Sabha now needs state level…

Amazon India has decided to embrace GST (Goods and Services Tax) regime in a massive manner. Understanding its importance, and relevance for all traders, businesses and public at large, Amazon India has launched extensive programmes and…

Two major business and economics related news has surfaced, which has the power and capability to shake up the entire structure of FMCG and food industry. Up to 290% Cess On Tobacco Products? After a recent meeting of GST Council, it…

Goods and Services Tax (GST) regime will restrict tax collected at source (TCS) for e-commerce portals at 1%, fixed. This means that GST won’t increase TCS for e-commerce portals in future, and whatever is the amount of transaction, the…

Goods and Services Tax (GST), which has been hailed as the biggest and most influential tax reform since 1947, is all set to be implemented by July 1st, 2017. This has been confirmed by Shaktikanta Das, who is the Economics Affair…

Goods and Services Tax (GST) is becoming a common enemy of all e-commerce firms, and the mere mention of GST is doing something which no-one could have ever done: Uniting them, and forcing an alliance. India’s largest commerce player…