The Lok Sabha will be discussing four GST bills i.e. CGST, UTGST , IGST and Compensation today. Read key changes between what was proposed as the Model Draft GST Law.
The banking sector is one of the largest services sectors in India. The implementation of the Goods & Services Tax (GST) will likely prove to be a challenge for the sector on two counts.
The government is on a war footing to push the passage of the Goods and Services Tax (GST) in this Parliament session. And as we look forward to the GST becoming a reality.
The Goods and Services Tax (GST) Council, in its 11th meeting held on March 4, 2017, decided on some key contours of the CGST and IGST Acts.
The government seems resolute to bring in the GST regime soon. With activity happening at a frantic pace, it might not be too long before the new tax regime kicks in.
The GST or the Goods and Services Tax, is a new tax regime being introduced in India and will be levied on all transactions of goods and services made for a consideration.
The Economic Survey 2016-17 (ES) that was tabled yesterday (January 31, 2017) acknowledges that last year was marked by two major domestic policy developments
The Goods and Service Tax (GST) bill, believed to be a significant reform in the Indian taxation system, is definitely a move closer to Digital India.
The GST regime has the potential to change the Indian reporting framework for good. The benefits are for all to enjoy: Enterprises, Regulators and the Banking system.
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