Filing the annual GST return is a tedious task as businesses will have to match every transaction with their suppliers’…
Filing the annual GST return is a tedious task as businesses will have to match every transaction with their suppliers’…
The most significant tax reform in India, the Goods and Services Tax (GST), rolls out on July 1 and has…
With GST to be rolled out soon, the GST Council is all set to decide item-wise rates in May for…
On the backdrop of the recent demonetisation and the ensuing introduction of the Goods and Service Tax, the finance minister…
After a long lull, there is a renewed hope on the introduction of the Goods and Services Tax (GST) from…
The basic rate of service tax, excise duty and customs duty have not been changed, however, small steps have been…
In order to take the rates of service tax closer to the rates envisaged in GST, service tax may be…
Countries like China, Australia and the UK have GST rates less than 20%, India too needs to have a lower…
The increase in the rate of service tax is to prepare assessees for a higher rate under the GST regime…
A big positive for the manufacturing sector is the amendment that has been introduced under Central Excise Valuation Rules to…
The finance minister, under pressure to contain fiscal deficit on one hand and need to stimulate growth on other, had…