The tax department has provided service Industries with a turnover of as much as Rs 50 lakh times until April 30 to opt for the composition scheme and pay 6% Goods and services tax (GST).
Valid Date:
The choice to pay...
Being the backbone of the Indian economy, the MSME sector plays an important position in upholding the economic development of the country. To modernize the MSMEs, to allow them easier access to funds and strengthen them more in the...
The GST Council at its 32nd meeting, which was held on Thursday took several resolutions to provide benefits to small and medium traders. It has relaxed the tax exemption limit to Rs. 40 lakh from Rs 20 lakh during...
New GST Rates. The introduction of the GST (Goods and Service Tax) in India was brought into existence on 28th February 2006.In the Lok Sabha on 29th March 2017, The GST Act was released. GST, an indirect tax was...
