May 24, 2019
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Former FM Yashwant Sinha criticises FM Arun Jaitley

Since the implementation of the Goods and Services Tax, many political leaders have come forward with statements declaring their disagreement. Yashwant Sinha, the former Finance Minister, has been one of them who have openly alleged that there are flaws in the Goods and Services Tax regime. In the latest interview, the former FM has alleged […]Continue Reading
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Number of items under highest tax slab reduced to 50

Aiming to help common people and to increase the ease of doing business, the Goods and Services Tax Council has taken some serious measures, including the reduction of the tax rates of certain goods and the liberalisation of the return filing process, in the twenty-third meeting of the council which held at Guwahati. Now, the […]Continue Reading
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GST council set to close loopholes created by ‘Composition Scheme’

There have been reports that some business conglomerates are misusing the provisions of ‘Composition Scheme’ which is aimed at helping small business entities functioning in the country. It seems that the authorities have identified this loophole created by one of their schemes related to the Goods and Services Tax. In the twenty-third GST council meeting, […]Continue Reading