FICCI proposes creating inter-state institutional platforms similar to the GST Council to facilitate consensus-building and advance reforms in these areas. The government has made strides in tax ...
The imposition of a 28% GST on betting has significantly hampered the horse racing industry in India, driving punters to illegal bookies and causing a ...
Also, stop the practice of imposing TDS/TCS on transactions that are subject to GST since the relevant information is available through GST filings," it suggested. To spur employment, CII recommended ...
Insights into Section 122 of the CGST Act, 2017 and Rule 142 Section 122 of the Central Goods and Services Tax (CGST) Act, 2017, prescribes penalties for various offences related to GST compliance.
For a long time the GST Bill has been a topic of discussion mainly due to its power to revolutionize the entire tax system and also its ability to make life a lot simpler for taxpayers. But what ...