The Goods and Service Tax Act was passed in the Parliament on 29th March 2017 and came into effect on 1st July 2017. In other ...
Living in one of the five states with no sales tax may seem appealing because you won’t have to pay tax when shopping for ...
(a): The GST Council in its 45 th meeting held on 17th September, 2021, has constituted a Group of Ministers to look into issues relating to rate rationalisation. The terms of reference for the GoM ...
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Influencers have trouble figuring out their tax obligations, here’s whywhether they’re objects such as running shoes and headphones or services such as a luxury hotel stay, should be treated as ...
Investopedia / Julie Bang A sales tax is a consumption tax imposed by the government on the sale of goods and services. A conventional sales tax is levied at the point of sale (POS), which is ...
The Bombay High Court’s decision on Mad Over Donuts' tax classification case could clarify GST treatment for restaurant and ...
FM Sitharaman mentioned that the revenue neutral rate (RNR), which was 15.8 per cent when GST was introduced in July 2017, ...
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