charge Lower decision on electrical vehicles, chargers & leasing thereof deferred; Committee to post its report
The ITC was obtained on the basis of invoices devoid of actual receipt of any goods/providers. Jhaverchand Soni, the companion of Shemaroo Entertainment, experienced instructed officials that he was only paid for signing some files.
likely the Indian economic climate has achieved a phase where by the demand for tiles, ceramic and home building products and solutions, ex-cement has reached a amount where by in worst circumstances it is not going to go underneath some extent.
by telemarketing and mailings, Gelvan and his associates promised prospective donors their charitable contributions would “help deserving triggers” which include care deals to Vietnam veterans in want, transitional amenities for homeless veterans, and grants for the family members of fallen officers.
IRDAI mandates generation of latest standardised address for mental sicknesses; will or not it's easier invest in coverage now?
As the GST council satisfies on the twenty second of June, expectations are significant which the council will revisit the retrospective taxation on on line gaming. The amendment, if implemented, will give equally the Centre and States the facility to waive GST dues that have not been paid because of legal ambiguity.
On a mean, five% GST price is applicable on carriages designed for specifically abled. This incorporates each motorized/non-motorized and likewise about the areas/add-ons of those carriages. This charge arrived into outcome immediately after the choice of 31st GST Council Assembly in 2018.
Budget 2024: Sources knowledgeable ET that the Union spending budget 2024 is expected for being presented on July 22. the principal plan priorities will incorporate addressing troubles within the agriculture sector, producing employment, keeping the momentum of capital expenditure, and boosting revenue development to remain over the fiscal consolidation path. In addition, The federal government aims to simplify GST and get more info lessen tax compliance burdens.
The government alone went ahead and manufactured just how for digital payments less difficult. The federal government by itself promoted citizen-centric supply services from the app: PM Modi
finish source chain Answer for final Manage, easy collaboration, and confident compliance
It is basically the strength of our belief that permits us to go and undertaking into all new parts of cooperation: French envoy Emmanuel Lenain
A registered taxpayer paid out greater than 1% of his GST legal responsibility using only his Digital money ledger, for all of the tax periods in the current FY to date.
"The GST Council’s intention is not to hurt the online gaming industry or states with casinos...I am happy to say which the Council talked about and comprehended the make a difference deeply and took a decision which had been pending for 2-three a long time," Finance Minister Nirmala Sitharaman reported during the push briefing.
Now, fascination shall be computed on the web tax legal responsibility immediately after decreasing qualified ITC from the full legal responsibility. it really is to be noted that the desire shall be debited within the Digital funds ledger.