gst

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Advantages and Disadvantages of GST

https://legaldocs.co.in

One of the biggest tax reform in the history of India has hailed Goods and Service Tax, commonly referred to as GST in India. Levied on both goods and services, the tax has replaced many indirect taxes that were imposed by the Center and the State government. Any tax regime is bound to have its advantages and disadvantages, and so GST has. Here is a list of few.

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Created by LegalDocs 1 week 3 days ago – Made popular 1 week 2 days ago
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6

How GST Impact on E-Commerce Sellers

https://blog.capitalfloat.com

After Implementation GST, its also impact on e-commerce sellers. GST has opened avenues for small and medium sized e-commerce sellers. The e-commerce marketplaces are now free to source goods from SMEs across India. GST have benefit for e-commerce to reduce entry taxes.

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Created by ankitshrivastav112 10 weeks 3 days ago – Made popular 10 weeks 1 day ago
Category: Finance   Tags:
4

Insurance Premiums to Cost a Policyholder under New GST Proposal

http://safe-insurance-tips.blogspot.in

With the new GST rolling in from the Centre, there are going to be a number of changes where products and services will either cost more or lesser than what it’s priced at now. For the middle class family, an immediate impact which can be observed with the new GST is that insurance premiums will have a policyholder shell out more money due to the increase in the tax rate that has been imposed on insurance.

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Created by sanjanamehta 43 weeks 6 days ago – Made popular 43 weeks 3 days ago
Category: Finance   Tags:
8

Impact of GST on your daily household expenses

https://www.makemymoney.com

The long-term effects of GST are yet to seen. We here, are going to tell you how GST has impacted our daily household expenses.The Indian version of GST has four slabs: 5%, 12%, 18% and 28%. Because of this prices of certain items have come down, while there are also those items, whose prices have gone up.

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Created by makemymoney 47 weeks 6 days ago – Made popular 47 weeks 5 days ago
Category: Finance   Tags:
5

10 points on how GST will impact you.

https://www.makemymoney.com

The impact of GST on service sector in short term could be inflationary as the tax rate would immediately shoot up to 18 per cent. However, going forward, it is expected that due to reduced cost because of availability of GST credit on items hitherto not available, the price of services will come down which will benefit the consumers.

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Created by makemymoney 48 weeks 4 days ago – Made popular 48 weeks 2 days ago
Category: Finance   Tags:
6

XaTTaX -Best GST software | GST filing software | GST Tool

http://xattax.in

XaTTaX (GST filling and reconciliation solution) that can integrate with any ERP platform – be it Oracle, SAP, BaaN, Infor, Microsoft or even custom solutions. Simply stated, it leverages the power of your existing ERP to help you accomplish much more without the need to upgrade a bit of the current version of your ERP platform.

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Created by sailotech 1 year 6 weeks ago – Made popular 1 year 6 weeks ago
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Goods and service tax in four slabs

https://lexcomply.com

GST Council has taken a step ahead towards making GST a reality. They have lifted veil from the most awaited part of GST i.e. the tax rates. They have introduced the following rates:
1. 0% - Food grains of high public consumption and which contributes to almost 50% of the inflation index;
2. 5%-12%-18% - other Goods and services
3. 28%- white goods like AC, washing machine and the likes
4. 40%& 65%- aerated drinks , Pan Masala , Tobacco products , high cars and other luxury items
GST will promote compliance through e-compliance tools for managing the compliances and promote tax governance.

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Created by rsjlexsys 1 year 29 weeks ago – Made popular 1 year 29 weeks ago
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3

7 reforms in India to watch out for in 2016

http://www.business-standard.com

Rajya Sabha in the current winter session of Parliament continue to dwindle, in a recent report global research firm Nomura pegs the probability of GST being implemented in 2016 at 65%. GST, National News, Rajya Sabha, Winter session, Narendra Modi, Sonia Gandhi, Monetary policy, National Herald case, Congress, NDA

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Created by thomaslee271088 2 years 26 weeks ago – Made popular 2 years 26 weeks ago
Category: News   Tags:
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Sinha spells out four pillars of Budget '16

http://www.business-standard.com

As the finance ministry begins drafting the 2016-17 Union Budget - to be presented in a mere 12 weeks - Minister of State for Finance Jayant Sinha told Business Standard on Tuesday that "three or four themes" would guide the finance ministry through the lengthy and complex process.

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Created by thomaslee271088 2 years 27 weeks ago – Made popular 2 years 27 weeks ago
Category: Business   Tags:
29

Mixed results so far on Budget announcements

http://www.business-standard.com

With five months of financial year 2015-16 left, the time is right to assess the progress of announcements made by Finance Minister Arun Jaitley in the Budget for 2015-16.The government cleared confusions relating to tax matters. However, most of these relate to Jaitley's maiden Budget for 2014-15.

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Created by thomaslee271088 2 years 31 weeks ago – Made popular 2 years 31 weeks ago
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