Not known Facts About GST News
Not known Facts About GST News
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in regards to the ‘plan for Particular support to States for funds financial investment,’ Sitharaman mentioned that Though many the financial loans are unconditional, a portion of them are issue to conditions linked to sector-certain cash projects and citizen-centric reforms applied by the states. She further more requested the states to apply for these loans by Assembly the required specifications.
providers by courts and tribunals to become taxed beneath RCM- Renting of premises by registries of courts/tribunals for business use to community bodies will bring in RCM.
Dismissing reviews that the department experienced handled the recoveries as turnover along with the accused continues to be permitted to deposit Rs 52 crore as tax dues, it said your entire recoveries are retained inside the safe custody of point out lender of India pending further investigation.
The GST Council is set to discuss different steps at its forthcoming Conference on June 22 to pave the best way for broader tax reforms in The brand new govt's 1st total spending plan.
The movie, released in numerous languages, gathered one of the most from its Telugu version. click here With a star-studded Forged and high anticipation, it truly is predicted to possess a powerful weekend and perhaps arrive at Rs 500 crore.
total supply chain Alternative for final Regulate, easy collaboration, and assured compliance
The deadline to furnish B2B provides about the IFF (optional facility to the taxpayers opting into your QRMP plan) for might 2021 has actually been prolonged from thirteenth June to 28th June 2021.
The meeting aimed toward improving upon GST fee rationalization and income augmentation. The Council could examine amendments towards the IGST Act and potentially lower GST fees on electric powered motor vehicles, millet-based overall health products, and insurance policies solutions.
Sitharaman even more mentioned that the earlier tax procedure just before GST included many taxes resulting in a cascading influence, where by exactly the same products was taxed numerous occasions, making it costlier for customers.
It applies to these types of taxpayers who may have every month price of taxable provides more than Rs.fifty lakh (not becoming exempt or zero-rated materials). the next taxpayers are exempted from this restriction:
Log off of your respective latest logged-in account and log in once more using your ET Prime qualifications to appreciate all member benefits.
built-in refund system with refund disbursal by solitary authority to be introduced from 24th September, 2019
full offer chain Option for supreme Management, easy collaboration, and assured compliance
The Karnataka govt on November twenty five directed the regional transportation authorities to cost 5 for every cent ease payment and GST with the ride hailing companies on Each and every autorickshaw trip with the travellers.
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