Budget 2018: Finance Minister Arun Jaitley will present the Modi government’s Union Budget on February 1. The Modi government’s budget will be the last one after Goods and Services Tax (GST). GST was implemented last year. With the implementation of Goods and Services Tax (GST) in July 2017, India witnessed the birth of one of the biggest tax reforms.
There are a plethora of issues that have emerged in the journey of GST implementation. The government is doing a stupendous job of clarifying issues and is eager to meet the industry, associations and trade bodies.
India’s healthcare sector has been a focus area during the Narendra Modi government’s first three years. There have been several well-intended policies.
It has arrived!! After many missed deadlines. Yes, history has been created on 1st July 2017 with the introduction of GST in India.
The Union Budget 2017 witnessed the end of colonial-era tradition of presenting the Budget on the last working day of February.
The cess vitiates against Make-in-India, Startup India and even the ease of doing business in the country
Business entities will have to do a granular analysis of all their transactions with the government
keeping in sync with the pro-rural Budget, new service tax exemptions have only been introduced in sectors such as affordable housing construction and life insurance
In addition to simplifying the taxation structure, implementation of the GST regime will help eliminate most indirect tax issues
Why did I pay more than what I had eaten at a restaurant? That question takes a lot of the fun out of an outing. We end up paying for service charge, service tax and VAT. Here, in 4 steps, we show you how to substantially reduce your restaurant bills.
In addition to the amount we pay for the food at a restaurant, we also pay for service charge, service tax and VAT
The govt must clearly articulate the legislation to address reimbursements & cross-recharges in the GST regime