GST

Goods and Services Tax (GST) will lead to lower tax burden in several commodities including packaged cement, Medicaments, Smart phones, and medical devices, including surgical instruments

An overview of GST

An overview of GST Goods and Services Tax (GST)1. Benefits:GST is a win-win situation for the entire country. It brings benefits to all the stakeholders of industry, government and the consumer.  It will lower...
EoI for Providing E-filing of TDS deduction for Mohan Lal Sukhadiya University.

Tax Exemption to Startups

Tax Exemption to Startups Various tax exemptions have been given to Startups in the recent past -Following direct tax incentives were provided in Income-tax Act, 1961 (‘the Act’) to promote Start-ups through Finance Act, 2016:...
Goods and Services Tax (GST) will lead to lower tax burden in several commodities including packaged cement, Medicaments, Smart phones, and medical devices, including surgical instruments

Revenue Department exceeds Revised Tax Collections target for 2016-17 around 18% taken together in...

Revenue Department exceeds Revised Tax Collections target for 2016-17 around 18% taken together in case of Direct and Indirect Taxes; Provisional figure of Total Tax Collections in 2016-17 is Rs. 17.10 Lakh Crore as...
Goods and Services Tax (GST) will lead to lower tax burden in several commodities including packaged cement, Medicaments, Smart phones, and medical devices, including surgical instruments

Revised GST Rules as released by Ministry.

Revised GST Rules as released by Ministry. Ministry has released revised rules, The same are attached herewith for your kind considerationFor details click below GST RulesComposition Rules Valuation Rules Transition Rules ITC Rules Revised Invoice...
Goods and Services Tax (GST) will lead to lower tax burden in several commodities including packaged cement, Medicaments, Smart phones, and medical devices, including surgical instruments

GST Bills- introduced in Lok Sabha

GST Bills- introduced in Lok Sabha THE GOODS AND SERVICES TAX (COMPENSATION TO STATES) BILL, 2017THE UNION TERRITORY GOODS AND SERVICES TAX BILL, 2017THE INTEGRATED GOODS AND SERVICES TAX BILL, 2017THE CENTRAL GOODS AND SERVICES TAX...
CBEC is being renamed as the Central Board of Indirect Taxes & Customs (CBIC)

CBEC is being renamed as the Central Board of Indirect Taxes & Customs (CBIC)

FM approves the re-organisation of the field formations of the Central Board of Excise & Customs (CBEC) for the implementation of Goods & Services Tax (GST); CBEC is being renamed as the Central Board...
Lower Tax Incidence on Entertainment Services under Goods and Services (GST) Tax

Cabinet approves Amendment of in the Customs and Excise Act, relating to abolition of...

Cabinet approves Amendment of in the Customs and Excise Act, relating to abolition of cesses and surcharges on various goods and services to facilitate implementation of GST RegimeUnion Cabinet chaired by the Prime Minister...
Goods and Services Tax (GST) will lead to lower tax burden in several commodities including packaged cement, Medicaments, Smart phones, and medical devices, including surgical instruments

Net Indirect Tax collection upto February 2017 stood at Rs 7.72 lakh crore, 22.2%...

Net Indirect Tax collection upto February 2017 stood at Rs 7.72 lakh crore, 22.2% more than the corresponding period last year. Net Direct Tax collections upto February 2017 stood at Rs. 6.17 lakh crore,...
Lower Tax Incidence on Entertainment Services under Goods and Services (GST) Tax

Goods and Services Tax (GST) Council approves the Central Goods and Services Tax (CGST)...

Goods and Services Tax (GST) Council approves the Central Goods and Services Tax (CGST) Bill and the Integrated Goods and Services Tax (IGST) Bill.The Goods and Services Tax (GST) Council, in its meeting held...
Goods and Services Tax (GST) will lead to lower tax burden in several commodities including packaged cement, Medicaments, Smart phones, and medical devices, including surgical instruments

CBEC launches a Mobile Application for Goods and Services Tax (GST).

Central Board of Excise and Customs (CBEC) launches a Mobile Application for Goods and Services Tax (GST) to inform the taxpayers of the latest updates on GST among others.In step with the Government’s Digital...

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