The goods and service tax (GST) is finally slated to be rolled out on July 1, 2017 and the journey so far has been anything but easy. The fact that the proposed date of implementation for the tax has been shifted several time ... read more
Any person doing business or providing services with a taxable turnover of over Rs.20 lakhs is required to mandatory register for GST in India. Besides this, concept of Casual Registration, Voluntary registrations also been i ... read more
With the deadline of July 1 approaching, the GST regulation in India has started to take shape by finalisation of law and rules. This has been a long journey of over 17 years which began with the intent of unification of indi ... read more
Despite skeptics raising doubts about smooth transition of existing tax regime to Goods and Service Tax structure, the stage is set for GST roll out on July 1 from midnight. A special session of Parliament too has been conven ... read more
"How would you treat a car given to employees for their use under GST (goods and services tax)?" a tax head of a car company asked me.
'Why should it be such a big problem?' I wondered. Until I realised the nuances of such ... read more
Affordable and accessible auto loans have been one of the biggest contributors to the growth on vehicle sales in the country, but with the introduction of GST from July 1, vehicle financing will see a change.
With the intro ... read more