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Constitutional Amendment Bill 122

INTRODUCTION The Central Government of India, presented the 122nd Constitution Amendment Bill, 2014 (‘Bill’) on the presentation of Goods and Services Tax (‘GST’) before the Lok Sabha on December 19, 2014. This Bill replaces a previous bill presented in 2011 …

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What Are The Benefits Of GST?

“ONE NATION, ONE TAX, ONE MARKET” GST stands for goods and services tax. Benefits of GST has given a major boost to the ‘Make in India’. GST is the type of tax under which all imported goods will be charged …

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How To Calculate Income From House Property?

Income tax is a tax on income the assessee earns and receives in India. Every individual is liable to pay income tax on the Income exceeding Rs.2,50,000/- Per annum.  The Income can be received from different sources. Of these, one …

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Who Is Required To File Income Tax Return?

The Taxation Structure of the nation can play a very important role in the working of our economy. Some time back the weight was on higher rates of Tax and more incentives. But recently, the weight has shifted to Decrease …

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Goods and Services Tax- A Much Needed Step

ABSTRACT GST is known as Goods and Service Tax. GST is an indirect tax levied on the supply of goods and services. GST is a tax that paid or bears by the customer on buying goods and services like food, …

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