Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
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: TDS :: ACCOUNTING STANDARDS :: articles on VAT and GST in India :: Central Excise rule to resale the machines to a new company :: form 3cd :: cpt :: list of goods taxed at 4% :: empanelment :: ACCOUNTING STANDARD :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TAX RATES - GOODS TAXABLE @ 4% :: VAT Audit :: due date for vat payment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT RATES
 
 
General »
 Why abolishing personal income tax may not be a good idea
 Questions about the GST cess
 How to prepare for the looming tax-extension deadline
 Income tax: Gratuity for employees raised to Rs 20 lakh; here is how you will benefit
 Haryana to set up scrutiny panel on GST benefits
 Waive certain taxes for companies in insolvency proceeding
 I-T department to appoint 7600 more tax return preparer scheme to cover entire country
 All eyes are on GST as Centre plans higher social pension
 Exporters demand total exemption from GST
 Here's what you must know to stay clear of taxman
 Filing income tax returns is not enough, you need to link Aadhaar with PAN before deadline ends

Industry told to suggest measures for smooth working of new tax regime
September, 06th 2013

Industry bodies should look at the finer points of the proposed Direct Taxes Code and the Goods and Services Tax to ensure efficient implementation of the new tax regime, suggested Parthasarathi Shome, Adviser to the Union Finance Minister.

Addressing an all-India workshop on indirect taxes, he said both these have been in the making since 2007 and have gone to various stages of refinement.

To ensure that the structural reforms in taxation go through smoothly, industry representatives should ensure that the rules being framed by States are in consonance with each other, he said at the event organised by the Madras Chamber of Commerce & Industry.

Under the proposed GST, the overall structure of the State and Union Government taxes are in place. The industry now has to check if “we are universalising out tax” to ensure the rules are an improvement over the current structure. Uniformity of State level GST and inter-State GST has to be ensured for smooth transactions across State borders.

Industry needs to move away from profit-oriented incentives to investment-oriented incentives. K. Vaitheeswaran, Advocate and Tax Consultant, said the Government should consider doing away with tax on services that bring in foreign exchange. This measure could be in place for just one year to shore up foreign exchange earnings and reduce the current account deficit.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Wholesale Silver Jewelry

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