GST

Taiwan-based World’s largest electronics contract manufacturing company: Foxconn, already manufactures around 4 million handsets in India, for companies like InFocus, Oppo, Xiaomi, Nokia and Gionee. It seems that this was only a…

Mukesh Ambani-led Reliance Jio has launched JioGST, which is mobile first GST starter kit for small businesses in order to manage their GST related filings. Priced at Rs 1,999, this starter kit from Jio contains software and hardware…

GST regime is now live across India, and as expected, there are loads of confusion and myths related to the new tax structure across India. Sensing the need and understanding the confusion ensuing all around, Revenue Secretary…

At the stroke of midnight, Goods and Services Tax (GST) was officially launched at the Parliament's historic Central Hall, by President Pranab Mukherjee and Prime Minister Narendra Modi. This is the 4th time that a special session was…

Hearing pleas from eCommerce portals and small businesses who are selling their products online, Govt. of India has decided to postpone implementation of GST for them. This means that 1% Tax Collected at Source will not apply for…

With only 8 days to go for pan-India GST rollout, businesses are facing a nightmare in the form of ‘Anti-Profiteering’ laws, which were launched early this week. Under this law, businesses can be closed down by Govt., if it is found…

Centre and State Governments have finally reached a consensus on determining the tax rate slabs under Goods and Services Tax Bill. This will help in breaking the barriers which restrained pan-India implementation of GST and in unifying…

Lok Sabha finally passed the much awaited Goods & Services Tax (GST) Bill, which has been pending since last 12 years. 352 MPs voted for the bill, whereas 37 voted against this bill, which has been hailed as India’s biggest tax…

It’s back to February, the month of Union Budget – a blueprint for the allocation of finances for the ensuing year; and the ways and means of getting towards it. Though, this important document is framed in utter privacy starting few…

The much-awaited Direct Tax Code (DTC) Bill was approved couple of days back and few more clarifications have come out – some positive, some negative. In fact, there is difference of opinion among various analysts. Some say that the new…