How To Watch Gst

The historic GST or Goods and Services Tax will be launched midnight at a function in Central Hall of Parliament later today. GST will subsume a large number of central and state taxes into a single tax, paving the way for a common national market. From free flow of goods and services to elimination of cascading of taxes, the potential benefits to ...

In August 2016, Parliament passed the GST Constitutional Bill, which paved the way for a uniform indirect tax regime in the country. The new law, which seeks to give unprecedented powers to the Centre in collecting indirect taxes in the country, is expected to increase the government revenue by improving the compliance rate.

Tax evasion is not limited to smaller tax payers, analysts say. The number of people who declare annual income of over Rs 1 crore is abysmally low at just around 50,000 in the country, they added.

Prime Minister Narendra Modi's speech tomorrow from the historic Red Fort in Delhi will be closely watched by analysts looking for a sign of how he plans to handle his economic reforms agenda, which has been severely bruised in the Parliament session that ended yesterday.

The historic GST or Goods and Services Tax will be launched midnight at a function in Central Hall of Parliament later today. GST will subsume a large number of central and state taxes into a single tax, paving the way for a common national market. From free flow of goods and services to elimination of cascading of taxes, the potential benefits to ...

In August 2016, Parliament passed the GST Constitutional Bill, which paved the way for a uniform indirect tax regime in the country. The new law, which seeks to give unprecedented powers to the Centre in collecting indirect taxes in the country, is expected to increase the government revenue by improving the compliance rate.

Tax evasion is not limited to smaller tax payers, analysts say. The number of people who declare annual income of over Rs 1 crore is abysmally low at just around 50,000 in the country, they added.

Prime Minister Narendra Modi's speech tomorrow from the historic Red Fort in Delhi will be closely watched by analysts looking for a sign of how he plans to handle his economic reforms agenda, which has been severely bruised in the Parliament session that ended yesterday.