India’s success in making firms such as Samsung, Xiaomi, and Micromax to locally produce phones could become a cropper, once the Goods and Services Tax (GST) comes into effect, as the new expats taxation regime could neutralise the cost benefits to make these phones in India in taxation services for expatriates “There is a near … Continue reading GST Could Trip Make In India For Smartphones
Even as the contours of the GST remain fluid, the Delhi government has eased the procedure for grant of registration to fresh applications to encourage more traders to contribute towards its kitty of Value Added Tax (VAT). Guidelines eased: In circular issued on Friday, The department of trade and taxes said that applicant dealers would … Continue reading Traders Promised Registration In One Day
Chartered accountants in India will have huge opportunities and challenges when the goods and services Tax(GST) is implemented. Addressing the ICAI international Conference Jnana Yagna here, the urban development minister said chartered accountants should play a vital role addressing issues such as curbing black money. Introduction of GST (goods and services tax), which is round … Continue reading Huge challenges for CAs after GST implementation
After being subject to months of haggling and histrionics, the goods & services tax GST finally had its historic day in the rajya sabha with the passage of the bill to amend the constitution paving the way for what is popularly referred to as the concept of one nation one tax. Barring the AIADMK which … Continue reading GST BILL: Green Light For One Nation One Tax.