Biggest myth in India is that the country survives & flourishes ONLY on Middle Class income tax. The fact is that largest revenue generation in India is done thru GST & corporate tax ~ 59%. Income tax is just 26% & rest is Customs & excise. more
The Governments, Central and States collect huge taxes from citizens under different heads of which we are not aware. We need to know the entire collection data. more
What's the most taxed product in India? It's not cigarettes, a can of aerated beverage or a bottle of whisky or beer. It's an AUTOMOBILE. It attracts the highest GST rate of 28% & a cess o...
I had submitted request for cancellation of registration on 11th November 20 using GST portal. The local officer sent me a notice suggesting change in the date of cancellation. I filed clarificatio...
Several CBIC and CBDT officers, which should be renamed as Central Board of Direct Rxtortion have been publishing names of CAs and their involvement in fake credit. Wheras all cityzens appreciates ...
I plan to start online music classes that will be delivered by prerecorded videos. My turnover will be below the limit of 20 lacs/annum. Do i need to register for GST. Appreciate your input on this...
these are the pics from Noida Sector 120 where garbage is being dumped and burnt by some miscreants and a friend sent thes. This is happening from past 1 month and nothing has been done to stop thi...
Whether u are taking services at a personal level or for your business, verify the vendors gst. There is still many vendors who give a gst invoice (generally non printer one) which has a gst number...
Gst should be only applicable to Real estate consultant only when the builders pay commssion to associate. It is big problem for real estate consultants to submit bill and pay gst in advance witho...
Now, Businesses with an annual turnover of up to Rs 40 lakh are GST exempt. Initially, this limit was Rs 20 lakh. Additionally, those with a turnover up to Rs 1.5 crore can opt for the Composition ...
By Sudesh Rai
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