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The committee submitted its report to the government in April 2008 and released its First Discussion Paper on GST in India in 2009. [2] Since the proposal involved reform/ restructuring of not only indirect taxes levied by the Central but also the States, the responsibility of preparing a Design and Road Map for the implementation of GST was ...
The tax rates, rules and regulations are governed by the GST Council which consists of the finance ministers of the central government and all the states. The GST is meant to replace a slew of indirect taxes with a federated tax and is therefore expected to reshape the country's $3.5 trillion economy, but its implementation has received criticism.
With effect from 1 April 2017, the Income-tax Act, 1961 has introduced the General Anti-avoidance Rules. The intent of the bringing the said rules is to curb the ill-practices of the tax payers & tax practitioners assisting the tax payers in avoiding the tax where the tax impact of the arrangement or the transactions is more than INR Three ...
The orange cat in this video is desperate to catch a bug hanging out on the ceiling of his home—so desperate, in fact, that he may be taking his very life in his hands.
CGST may refer to: China Graduate School of Theology; Chinese Giant Solar Telescope; Central Goods and Services Tax This page was last edited on 28 ...
Two trendy areas in finance — fintech and private credit — are coming together in a new multibillion-dollar joint venture. Affirm Holdings is getting its largest-ever capital commitment with a ...
Scores of people were killed on Sunday when a passenger jet crash-landed at an airport in southwestern South Korea, with the aircraft careening down the runway on its belly before bursting into ...
CGST started on 28 September 1975. In the mid 1960s, a group of students at Westminster Theological Seminary developed the idea of establishing "an indigenous, inter-denominational, evangelical and graduate level theological institution for the purpose of training university graduates to serve the churches in China and to evangelize around the world."