The 2-Minute Rule for GST News
The 2-Minute Rule for GST News
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amount Minimize decision on electrical motor vehicles, chargers & leasing thereof deferred; Committee to submit its report
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GST Council's 28% tax on India's RMG sector has impacted revenues and margins of quite a few skill-based mostly gaming businesses during the state and also hurt Trader sentiment, In keeping with a fresh report.
India federal government to stay fiscally prudent For additional policy actions, established to satisfy price range hole aim, Economic Survey states
The wider reform in the GST slabs is delay as the council gave the group of ministers (GoM) on charge rationalisation One more 3 months to present its tips.
The provisional attachment shall keep on being valid for the entire period of time starting from the initiation of any continuing until the expiry of a duration of one particular yr through the day of purchase produced thereunder.
On a median, five% GST charge is relevant on carriages intended for specially abled. This includes the two motorized/non-motorized as well as over the pieces/equipment of these carriages. This charge came into impact immediately after the decision of 31st GST Council Assembly in 2018.
I preach the words, “Understanding never ever exhausts the head.” An aspiring CA in addition to a passionate written content author having 4+ years of fingers-on working experience in deciphering jargon in Indian GST, profits Tax, off late also in the much larger Indian finance ecosystem, I love curating content material in several sorts on the fascination of tax professionals, and enterprises, equally massive and tiny. although not writing, you could capture me singing Shāstriya Sangeetha and tuning my violin ;). Read extra
should really any of the defendants are unsuccessful to pay what they owe or be observed to own lied about their ability to pay out, check here the complete level of their judgments are going to be owing instantly.
Perquisites furnished by an employer to its employees often entice the attention of your tax authorities. company provided by an staff to an employer is exempted from GST.
Advisory warn: it's got arrive at our notice that particular people today are symbolizing on their own as affiliates of Moneycontrol and soliciting funds within the false assure of confident returns on their own investments.
Majority of banking institutions levy services prices for money transactions (deposits and withdrawals) accomplished by a customer if a specified amount is crossed inside of a thirty day period.
New composition plan is introduced for support companies and those who offer companies in conjunction with products; the Turnover Restrict set is Rs 50 lakhs plus the Tax price is fastened at six%.
We give respect to massive leaders but it's time to hear the youth during the social gathering. We'll perform for altering organisational construction of your bash and that worth need to be supplied to staff from the social gathering
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