News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
« Service Tax »
 Interest on NRE accounts not always exempt from tax
 Offer income tax benefits on Senior Citizens Savings Scheme, urges SBI Research
 Paying your income tax may soon become as easy as swiping a card at a shop
 In income tax rule change, govt considers tweaking dividend distribution tax
 No documents are needed to file ITR for agricultural income below ?5 lakh
 Introduced in 2017, the Goods and Services tax (GST) is a destination based consumption tax subsuming in itself, the erstwhile taxes like sales tax, service tax, excise etc. Under the GST
 Income Tax alert! Last date to do this work is October 31, check all details here
 Income tax on gains from stocks, equity mutual funds set to be revamped
 You can save tax on up to Rs 17,000 savings account interest: Here's how
  Communication to the Central Excise/Service Tax Taxpayers on migration to GST
 Don’t let the tax scrutiny spoil happy returns

GST example of national integration
June, 23rd 2017

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Thursday passed a resolution thanking chief ministers and finance ministers from all the states as well as political parties for extending cooperation for the introduction of GST.

"GST is a shining example of national integration and of fiscal federalism at its best. It is a testimony to the working of India's federal democracy. It has been made possible because of close cooperation between Central Government and all the State Governments as well as all political parties," an official statement said.

No doubt it is a game-changer... in the long run... but can the mighty political class... claim any credit... after dilly dallying it for over a decade... nation suffering huge unimaginable mega-buck... Read More
Ssundararaman

SEE ALL COMMENTSADD COMMENT

The Centre has worked closely with the states over the last three years to ensure that GST is rolled out from July 1. The insistence that all decisions in the GST Council will be taken by consensus meant that the original deadline was missed but everyone came on board on all aspects, including the revised launch date. The cabinet also thanked lawmakers at the Centre and the states, who had approved several legislations, including amendment to the Constitution to make GST possible.

"GST is the biggest tax reform in independent India. It is one of the most sweeping indirect tax reforms in any federal polity in the world," it said.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2019 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - About Us

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions