Is it GST in india really a “One Nation One Tax” ?

Is it GST in india really a “One Nation One Tax” ?
1. Structure of GST in India
The term “GST” stands for “Goods and Services Tax”, and would be a comprehensive indirect tax levy

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Fake rent receipt won’t help you lower tax burden anymore

Fake rent receipt won’t help you lower tax burden anymore
For as long as anyone can remember, producing fake property rent receipt, often from parents and relatives, has been an easy way to lower tax

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Due to GST – What will cost more and what will be cheaper here’s the list !

Due to GST – What will cost more and what will be cheaper here’s the list !
With the passage of the GST Bills in the Lok Sabha last week, India’s biggest tax reform ­Goods

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Pay more under GST if Planning to buy a phone in exchange offer !

Pay more under GST if Planning to buy a phone in exchange offer !

Exchange offers may stress your pockets of an individual buyer, going by the draft rules for valuation of supply under

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Composition Scheme under GST

Composition Scheme under GST
Under the proposed GST regime, a small supplier of goods can opt to pay the GST levy under composition scheme. Important provisions regarding composition levy is as follows;

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How to handle TDS on sale of property

How to handle TDS on sale of property
The challan (Form 26QB) must be filed within 7 days from the month in which the TDS was deducted by the buyer.
Since June 2013, it has

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