The big eat the small. Under GST the death kneel for small businesses in the form of Composition scheme and elaborate return requirement if not in.
The Indian tax laws have evolved over period of time to become complicated due to the existence of the parallel economy, complicated laws, high rate of multiple taxation, large scale corruption in the State VAT administration and to a lesser extent i
GST Council is meeting from 17th - 19th October 2016 to finalise GST rate slabs, Cess & concessions alongwith compensation to various states
GST Council mulls four rate slabs and 14% revenue growth assumed for States
Talks on �GST Implementation� began in India way back form year 2000 and post gestation for around 16 long years; finally the day of 8th August 2016
Union Government has finally unveiled the Model Goods and Service Tax Law (MGL) for comments from Public and interested parties on 14th of June, 2016.
The GST article series was started with the basic concepts, now on definition. Next would be the transitional provisions (specified and left out) and ending up ...
This is a part of the series of articles to understand the model law. The understanding of the definitions of terms being important is being discussed in the ea...
Continuing the series of basic and simple articles on the Model GST law we examine some of the important definitions and concepts in the next few articles. Back...
Under model GST law, tax is levied on the supply of goods and/or services. Tax, namely CGST/SGST is payable at the time of supply of goods and/or services.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English