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Also in 2015, Tally Solutions announced the launch of Tally.ERP 9 Release 5.0 with taxation and compliance features. [13] In 2016, Tally Solutions was shortlisted as a GST Suvidha Provider to provide interface between the new Goods and Services Tax (GST) server and taxpayers, and in 2017, the company launched its updated GST compliance software.
Pre-GST, the statutory tax rate for most goods was about 26.5%; post-GST, most goods are expected to be in the 18% tax range. The tax came into effect from 1 July 2017 through the implementation of the One Hundred and First Amendment to the Constitution of India by the Government of India . 1 July is celebrated as GST Day. [ 4 ]
Accounting software provides many benefits such as speed up the information retrieval process, bring efficiency in Bank reconciliation process, automatically prepare Value Added TAX (VAT) / Goods and Services TAX (GST), and, perhaps most importantly, provide the opportunity to see the real-time state of the company's financial position.
Mortgage balances hit $12.59 trillion during the third quarter of the year, while auto loan balances reached $1.64 trillion. On a positive note, there’s been a small improvement in credit card ...
The 10-year U.S. Treasury note has gained nearly a full percentage point since mid-September, when the central bank delivered its first rate cut in four years. Bonds lose their value, making ...
WASHINGTON (Reuters) -U.S. government agencies held a classified briefing for all senators on Wednesday on China's alleged efforts known as Salt Typhoon to burrow deep into American ...
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.
UCLA center Lauren Betts (51) celebrates after being fouled by Indiana with forward Janiah Barker (0) in the first half of an NCAA college basketball game in Bloomington, Ind., Saturday, Jan. 4, 2025.