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Friday, November 22, 2024

GST Council Meet

Will GST Composition carry an effective relief for the Service Providers of India?

The tax department has provided service Industries with a turnover of as much as Rs 50 lakh times until April 30 to opt for the composition scheme and pay 6% Goods and services tax (GST). Valid Date: The choice to pay...

Familiarity with the Tax Benefits for MSMEs in 2019

Being the backbone of the Indian economy, the MSME sector plays an important position in upholding the economic development of the country. To modernize the MSMEs, to allow them easier access to funds and strengthen them more in the...

The 32nd GST Council meet – Revised GST exemption limit from 20 lakhs to 40 lakhs

The GST Council at its 32nd meeting, which was held on Thursday took several resolutions to provide benefits to small and medium traders. It has relaxed the tax exemption limit to Rs. 40 lakh from  Rs 20 lakh during...

GST Council meet – New GST Rates

New GST Rates. The introduction of the GST (Goods and Service Tax) in India was brought into existence on 28th February 2006.In the Lok Sabha on 29th March 2017, The GST Act was released. GST, an indirect tax was...
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Latest News

GeM Partnership with Sikkim: Boosting Digital Procurement Across India

The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
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