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 …
“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 …
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 …
Introduction As we know all the persons have to pay taxes, there are many types of taxes like income tax, sales tax, vat tax, and now all the taxes combined in one i.e., Goods and Services Tax (GST). But here …
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 …
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, …
WHAT IS INCOME TAX RETURN? An income tax return is an Income tax form that you need to fill in and submit to the Income Tax Department. In this form, you need to provide specifics details of your income and taxes (taxes …
Introduction Developing Countries like India, the taxation practice has a very pivotal role in the evolution of the revenues of the Country. The Indian tax practice is tough to apprehend in terms of its protocols and calculations, the scenario remains …
There are multiple research papers here, explaining the depth on how the Indian firms and the law will be treating mergers and acquisitions in India. But before any of that, you need to know what Merges and acquisitions are in …
Introduction Implementation of Goods and Services Tax (GST) is a very important step in the field of indirect tax reforms in India. By consolidating a large number of taxes into a single tax, GST will remove the cascading effect. GST …