Mon, Jul 02, 2018
Currently, GST has five tax bracket namely 0%, 5%, 12%, 18% and 28% and is followed as a dual tax regime in India.
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Modi will remembered as the man who changed an entire face of India financial system with reforms like demonetisation and GST.
One year of GST: The response has been mixed with some left confused about the digitized process and its norms.
Sun, Jul 01, 2018
One year of GST: Indian government has structured GST for efficient tax collection, reduction in corruption, easy inter-state movement of goods etc.
One year of GST: GST was launched for efficient tax collection, reduction in corruption, easy inter-state movement of goods, etc.
Goods and Services Tax (GST) roll-out completes one year on July 1, the Congress on Saturday described it as a "Grossly Scary Tax" and said the promise of a "single tax GST" still remains a pipe dream.
One year of GST: Among many fundamental features of GST, one is the seamless flow of input credit across the chain (from the manufacture of goods till it is consumed) and across the country.
They were suppose to compile to this regime which had only five tax slabs 0%, 5%, 12%, 18% and highest up to 28%.
One year of GST: The current government has exempted somewhat 8 products from GST regime including fuel products.
Sat, Jun 30, 2018
Almost one year has passed since the launch of Goods and Services Tax (GST). This regime is one the successful and eye catching stories of Prime Minister Narendra Modi government.
Concept of GST is not new to the world as nearly 160 countries as on 2016, have opted this mode for bringing individually tax rates into a single tax.
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