GST – An Overview
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GST – An Overview

The Goods and Service Tax (GST), considered India’s biggest and most historic tax reform is just around the corner. To err is to perceive GST as just any other “Tax Reform”. GST signifies “Change” that too a Game changer!! With the Government leaving no stone unturned to usher in GST on 01 July 2017, GST...

On April 22, 2017June 30, 2017by
Impact of GST on Indian Economy
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Impact of GST on Indian Economy

Amidst economic crisis across the globe, India has posed as a beacon of hope with abitious growth targets, supported by slew of strategic mission like ‘Make in India’, ‘Digital India’, etc. Goods and Service Tax (GST) is expected to provide the much needed stimulant for economic growth in India by transforming the existing basis of...

On April 22, 2017June 30, 2017by
Composition Levy Under GST
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Composition Levy Under GST

Section 10 and its related draft composition rules of CGST bill talks about the composition levy. The basic principle underlying the composition scheme is, to minimize the burden of compliance for small taxpayers. There are around 8 millions taxpayers that are expected to be migrated from the current laws into the GST regime, however many...

On April 22, 2017June 30, 2017by