In light of the recent shock of demonetization, the government of India push to go India into a more digital, a more compliant, and subsequently a more vibrant economy was clear from the budget. With MSMEs being hit the hard [...]
The Govt. is making all efforts to stay to the timeline of 1st June for GST implementation. In the 15th GST Council meeting on 3rd June, 2017, the rates of 7 items were decided, including textiles, footwear & gold. All [...]
The 22nd GST Council in its meeting located at New Delhi on 7th October 2018, discussed about some key changes which required to ease the burden of consent on small and medium enterprises. The difficulties in filing the return, inconveniences [...]
The 21st GST Council meeting held at Hyderabad on 9th September 2017, discussed some of the crucial issues such as difficulties faced by the businesses in filing the return, increase on Cess on cars, proposals received from various trade associations [...]
The GST Council in its 22nd meeting persisted 6th November, 2017 had decided and recommended that the e-way bill under Goods & Service Tax shall be introduced during a staged manner with effect from first of January, 2018, and can [...]
In the GST Council meeting on 10th November, ’17, various decisions were taken with the view to make compliance easier for small tax payers, make composition scheme more attractive for tax payers and reduce the household expenditure for consumers. Let [...]
On the 18th of January, 2018, the GST Council conducted its silver jubilee meeting. The 25th meeting was a much awaited one, as it was being held days before the annual budget, and many were expecting some major GST Council [...]
1st of February indeed turned out to be a landmark day in Indian Economy. Not only did this day witness the rollout of the e-way bill (and unfortunately the deferment of the same as well), but also the first ever [...]
On the 10th of March, 2018, the GST Council under the leadership of Finance Minister Mr. Arun Jaitley, met for the 26th time to discuss various policies and strategies in a bid to simplify GST. While some constructive decisions were taken, [...]
On the 4th of May, 2018, the 27th GST Council meeting got underway, giving shape to the new returns filing model, which was awaited for the past several months. The new model was decided, based on the recommendations of the Group [...]
