GST roll-out has left the nation in confusion. There are mixed reactions about the implementation of GST, in fact, confusion prevails about how to tax various goods and services among retailers and customers. While traders in Gujarat called for an indefinite strike against the taxation, in Kolkata, many felt the[Read More…]
Tag: Taxation
GST will bring “revolutionary” change in the taxation system: Manohar Lal Khattar
While GST is hitting the headlines, on Wednesday, Haryana Chief Minister Manohar Lal Khattar said the implementation of the Goods and Services Tax (GST) is not going to terribly affect the textile business. “Textile has been placed in the slab of 5 per cent under the GST. Presently, there is[Read More…]
PM Modi reviews GST progress ahead of July 1 roll-out
On Monday, Prime Minister Narendra Modi, in view of the Goods and Services Tax (GST) said that the roll-out of the new indirect tax regime from July 1 will be a turning point for the economy. Notably, this was the first PM’s review on the freshly finalised rates by the[Read More…]
GST bills in Rajya Sabha, Opposition urges for a mechanism to avoid the harassment by tax authorities
The Rajya Sabha on Wednesday took up the four bills related to the GST. Opposition questioned the government’s preparedness to implement the indirect tax regime and urged for a mechanism to insulate taxpayers from harassment by tax authorities. Deputy Leader of Congress Anand Sharma said, “It is important that as[Read More…]