Latest Expert Exchange Queries

GST Demo Service software link:
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Popular Search: empanelment :: ACCOUNTING STANDARD :: cpt :: articles on VAT and GST in India :: TAX RATES - GOODS TAXABLE @ 4% :: list of goods taxed at 4% :: TDS :: Central Excise rule to resale the machines to a new company :: VAT Audit :: form 3cd :: VAT RATES :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARDS :: due date for vat payment :: ARTICLES ON INPUT TAX CREDIT IN VAT
« Service Tax »
 Unnable to file your tax return? Take help of these portals
 Do you know which 80C instruments can help you save tax and carry no future tax liability?
 E-way relief, for now, to e-commerce, courier firms sending small orders
 Where to invest for saving more on taxes
 A simpler GST can become a registry of all invoices, says iSPIRT’s Sharad Sharma
  Income Tax department may defend CPC in returns fraud case
 One GST rate not possible, next reform after compliance improves,
  Communication to the Central Excise/Service Tax Taxpayers on migration to GST
  GST Network simplifies returns filing process
 Why is the successful roll-out of the e-way bill necessary?
 How service tax became revenue lifeline for the Govt

Will urge Centre to lower tax band for essentials:
August, 23rd 2016

The State government will demand the Centre to fix the tax on maximum retail price of commodities at 10 per cent and also lower the tax band for essential commodities at 5 per cent to 12 per cent range to pass on the benefits of the Goods and Service Tax (GST) regime to consumers, Finance Minister T.M. Thomas Isaac has said.

After inaugurating a training programme on GST regime for Commercial Taxes Department Central Excise and Customs personnel here on Monday, Dr. Isaac told reporters that the Centre should frame a legislation to bring down the MRP, if needed or it would prove to be a windfall for the corporate companies.

Officials and political leaders should have clarity on the new tax regime to clear the apprehensions of the public as well as the stakeholders, mainly the traders.

Officials would have to face consumer as well as trader resistance on implementing the new tax system and they should be duly equipped to clear their apprehensions.

Patient interactions and negotiations would be needed to allay their fears on the system, he said. Bringing down the MRP is the greatest challenge. It would be a repeat of the experience during the implementation of VAT in the State. The gain should be for the consumers and not corporate companies.

The State government is gearing up to switch on to the new system. Servers would be upgraded next month.

The State would move to a system scrutiny that would end shop inspections. The degree of flexibility would be high in the new system and it would be more transparent. The self policing system would end arbitrariness in tax administration and the trail between sellers and consumers would become clear.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Quality Assurance Services Testing and Re-testing

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions