Tag: GST
India Revamps Tax Regime In 2025, New I-T Act To Take Effect From April 1
India overhauled its tax regime in 2025 with sharp cuts in Goods and Services Tax (GST) rates and a higher income tax exemption limit, with the spotlight now turning to […]
GST-Registered Taxpayers Doubled In Six Years: Sitharaman
The number of entities registered to pay the Goods and Services Tax (GST) has doubled to 14 million in the six years since its inception, finance minister Nirmala Sitharaman told […]
DOES THE INDIAN GOVT HAVE MONEY TO MEET ITS OWN EXPENSE?
Do we know how the Government of India spends the taxes collected? Does the government of India indeed have enough funds and resources to fulfil the public demands or rather […]
Tax Collected Or Lost During COVID-19
Tax in the form of revenue is collected from the citizens of the country to do activities in the interest of public and to run the government and the country […]
Will E-Wallet Address GST Refund Issue Of Exporters?
Introduction of e-wallet mechanism will effectively address the ordeals of exporters who have been complaining of delays in refund of taxes under the GST regime, Commerce and Industry Minister Suresh Prabhu said. Under the […]
After GST, now it is One product, one MRP from 1st January, 2018.
As per the changes made in the Legal Metrology (packed commodities)Rules 2011, companies will not be able to sell same product at different MRP in effect from 1st January,2018. “Specific […]