All sorts of goods offered in attractive packages for sale in the land used to display (in small print) until not too long ago the expression amounting to an amount in addition to the stated price of the product as taxes with no clue to the buyer whether that addition had legal sanction. Then came…
Mysuru: With the Goods and Services Tax (GST) coming into effect from midnight today, it’s raining discounts at many of the showrooms across the city to clear the inventories. Shopaholics were seen making a beeline to the shops at the main shopping areas to purchase clothes, shoes and electronic items. Some of the shops are…
GST Migration Centre opens at MIA Mysuru: Mysore Industries Association (MIA) had organised an awareness programme on Goods and Services Tax (GST) at its premises in Metagalli here yesterday. Inaugurating the programme, MLA and MIA President Vasu said that GST was being introduced for the first time after Independence and a lot of awareness programmes…
New Delhi: The national Goods and Services Tax or GST will be launched on the midnight of June 30 at a special Parliament session, said Union Finance Minister Arun Jaitley, this morning. President Pranab Mukherjee, Prime Minister Narendra Modi and two of his predecessors – Dr. Manmohan Singh and H.D Deve Gowda, will be on…
The Union Finance Minister is relentlessly in hot pursuit of the land’s people, irrespective of their socio-economic status, to mop up funds to fill the government’s kitty through the already familiar tools such as commercial tax, excise duty, sales tax, income tax, valued added tax and whatever, even as he is spearheading the move into…
Bengaluru: The Siddharamaiah-led Karnataka Government yesterday tabled the Karnataka Goods and Service Tax Bill (GST)-2017 with less than a month left for Centre to roll out the GST Bill. Chief Minister Siddharamaiah, who also holds the Finance portfolio, tabled the Bill before the Assembly to make a provision for levy and collection of tax on…
Mysuru: Goods and Services Tax (GST) that will be applicable in the country from July 1, will expose the tax evader and benefit the ethical dealer with the help of the software that is being introduced to detect every transaction directly or indirectly, said Revenue Secretary, Government of India, Dr. Hasmukh Adhia. Speaking at a…
Mysuru: To ensure efficient and effective implementation of Goods and Services Tax (GST) from July 1, the Department of Central Excise, Customs and Service Tax has been conducting a series of training workshops for officers. The first refresher training was held on May 22 and 23 and training for the second batch will be held…
Sir, GST laws are slated to be brought into effect from 1st July 2017. Long innings of Central Excise laws since 1944 virtually comes to an end on that fateful day though that law will remain on the statute book for some more time. Those of us who were connected with the Central Excise (CE)…
New Delhi: The GST (Goods and Services Tax) Council yesterday finalised tax rates for services. Education and healthcare have been exempted from the GST regime. The long-awaited GST has been hailed as India’s biggest tax overhaul since Independence in 1947. “India has finalised four tax rates that will apply to services including telecoms, insurance, hotels…
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