Search results
Results from the WOW.Com Content Network
GST's implementation in India has been further criticized by Indian businessmen for problems including tax refund delays and too much documentation and administrative effort needed. [56] According to a partner at PwC India, when the first GST returns were filed in August 2017, the system crashed under the weight of filings. [56]
In April, 2008, the EC submitted a report, titled "A Model and Road map for Goods and Services Tax (GST) in India" containing broad recommendations about the structure and design of GST. In response to the report, the Department of Revenue made some suggestions to be incorporated in the design and structure of proposed GST bill.
From 1 May 2018 onwards Ministry of Finance of Government of India started releasing monthly GST revenue collection data via official press release through Press Information Bureau. And to further improve transparency Government of India started issuing state-wise monthly collection data from 1 January 2020. [1]
The Gazette of India is a public journal and an authorised legal document of the Government of India. [1] It is published weekly by the Directorate of Printing Department of Publication , a subordinate office of the Ministry of Housing and Urban Affairs and printed by the Government of India Press .
Currently, Indian taxpayers can choose between the old tax regime and the new tax regime. [12] At the time of introduction, it had 7 different slabs. After three years from introduction, Indian Government reduced both the slab count & tax rates under New Tax Regime in Budget 2023, after reports of poor adoption to new tax regime by tax payers [13]
Where to shop today's best deals: Kate Spade, Amazon, Walmart and more
Where to shop today's best deals: Kate Spade, Amazon, Walmart and more
President-elect Donald Trump promised mass deportation on the campaign trail, and while the scale of it remains vague, the elements of the plan are an unlikely call back to former President Barack ...