The central government has stepped into a new tax regime, the Goods and Services tax regime, on July 1. Many sectors benefit from the new tax system as the GST subsumes several indirect taxes into one tax. The new regime is a boon in all sense. Is there any sector which feels it is […]Continue Reading
Amidst mounting tension across the valley, Jammu and Kashmir has decided to join the Goods and Services Tax regime as the state assembly has passed the bill regarding the GST which offers protection to the special status bestowed on them by the Indian Constitution. When the ruling party of J&K, which is the partner of […]Continue Reading
In the past couple of weeks, I have been interacting with a few trade associations on the impact of the Goods and Services Tax (GST). The question often raised is whether there would be dual control by both the central and state government in the GST era. Further, for traders currently dealing with the State […]Continue Reading