An Unbiased View of GST News
An Unbiased View of GST News
Blog Article
The GST Council is set to debate operational glitches on the GST community portal and seek out a resolution prepare from Infosys, which has won the agreement for managing again-conclude for GSTN in 2015.
As per the latest media stories, the more info GST Council may explore on generating parity inside the way of taxing Indian and overseas shipping and delivery strains for Indian exporters.
GST Council's 28% tax on India's RMG sector has impacted revenues and margins of numerous talent-dependent gaming providers while in the country along with damage investor sentiment, Based on a whole new report.
linked finance ecosystem for procedure automation, better control, greater cost savings and productivity
0 Cabinet is sworn into ability. Here is the 53rd Assembly from the GST Council and they are Assembly following 8 months. The last Conference was held in Oct 2023. Some of the key subjects that happen to be envisioned to be deliberated on involve
financial study 2023 Highlights: The Survey stated that the Indian economic climate has recovered from Covid-induced contraction. It famous that Indian financial system is staging a wide dependent Restoration across sectors plus the place will continue being the speediest developing important economic system on earth. India's GDP growth is anticipated to remain sturdy in FY23 at 7 for every cent (in genuine terms).
There was no final decision on the taxation of on line gaming, casinos, and horse racing, since the GoM that reviewed the issue has long been questioned to create a remaining advice by July 15, next a representation from Goa on casinos.
The NIC has produced it necessary for taxpayers with turnover a lot more than Rs.100 Crore to login utilizing the Two-aspect Authentication from fifteenth July 2023 for each the e-invoicing and e-way Invoice technique.
The government by itself went in advance and made how for electronic payments less difficult. The federal government alone promoted citizen-centric shipping company through the application: PM Modi
On 27 February this calendar year, the insurance policy regulator issued a round to all standard and standalone health and fitness insurers to ‘mandatorily launch and immediately offer you’ an ‘suitable products’ along with a ‘certain go over’ for people with mental diseases, disabilities and HIV/AIDS.
In fact, the criticism alleges, the defendants “fundraised for sham charities, various of that have been shut down via point out and federal legislation enforcement actions.”
Integrated refund process with refund disbursal by one authority being launched from 24th September, 2019
(two) The officer can situation see less than segment seventy four to various folks for tax shorter compensated or excess ITC claims by fraud. Now, it can be amended that the officer can confiscate and seize goods or automobiles even just after concluding proceedings against all people liable to pay for distinct or normal penalties.
Mallikarjun Kharge's confidence is nice. I'm also self-confident there are people who will listen to me way too. major leaders can By natural means stand with other significant leaders in bash, but with me, there are actually staff on the occasion from unique states
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