Tag Archives: GST

The rate of Service Tax is being increased from 12.36% to 14%. The new Service Tax rate shall come into effect from a date to be notified by the Central Government after the enactment of the Finance Bill, 2015. On 14th May 2015, the Finance Bill got the assent of …

  I have listed about 10 changes which may happen on introduction of Goods and Service Tax (GST) in India. Hope this helps.   Answerable to two departments – Presently, those who are providing services have to file returns with Service Tax department and those who are selling goods have …

  GST means Goods and Service Tax. It is an indirect tax levied on sale of goods and services. The reformists believe that GST is one of the most awaited law which upon introduced will boost the economic growth in the country. This law if passed by the parliament may …

  The Institute of Chartered Accountants of India, with a view to update the members and other stakeholder at large about GST, has launched a Background Material on GST. The material covers various topics like concept of GST, its pros and cons, its feasibility & impact in India, challenges for …