GST will bring uniform tax structure and hence uniform prices across country may prove to be big myth if politics has its own way over... Read More
GST
Gujarat which till 2008, had about 40% of its share in Country’s Pharma Industry, saw its share in the industry tanking to low of 20%... Read More
Post GST, Your finance department would need to undergo changes to adapt itself to GST compliances
2 min read
Your Finance department, post-GST comes in place, will need to adapt itself to new tax regime. These changes include taking care of GST compliances, input credit,... Read More
Indirect taxation and the definition for supply are to change in the new age scenario today. The Integrated Goods and Service Tax Act 2016 is... Read More
GST Return and Refund – What’s the process involved in it,and the situations where the refund process could be initiated are explained in detail below... Read More
Recently, Government of India has passed the Goods and Service tax bill in India. Taxes in India were collected in two forms i.e. State Government... Read More
The Much talked about and ambitious bill by NDA Government, also touted as bill that would ensure reconciliation of inputs and outputs and thus eliminate... Read More
As online commerce and shopping sites are gaining popularity, various states are getting alive to fact of revenue they are losing. Currently, the state from... Read More
Post implementation of GST, following Central Taxes would get subsumed into GST Central Level Excise Duty, Additional Excise Duty, Service Tax including applicable surcharges; Additional... Read More
Threshold Turnover limit for registration under Rs 25 lacs and 24 x 7 Call Center would be available
1 min read
Threshold Turnover limit for registration under Rs 25 lacs and 24 x 7 Call Center would be available
Revenue Secretary, Ministry of Finance, Government of India announced in a recent Press Conference that traders having turnover lesser than Rs 25 lacs per year... Read More