GST Council has broadly approved the GST rates for goods at nil rate, 5%, 12%, 18% and 28% to be levied on certain goods. GST rates for certain goods like textile, footwear, biris, precious metals, etc. are yet to be decided by the GST Council.
Statement of Financial transactions (SFT) should be filed by all reporting persons covered under Rule 114E of Income-tax Rules, 1962. Due date for filing the same in Form 61A is 31 May 2017.
Council has broadly approved the rates of GST Compensation Cess to be levied on certain goods. The information is being uploaded immediately after the GST Council’s decision and it will be subject to further vetting during which the list may undergo some changes.
It has always been a question of common belief that the male member or the bread winner of the family only needs to be insured. This belief has emerged due to the fact that the financial interests of the other dependent family members had to be protected in case of death of the bread winner. […]
GST Rates are some thing which the Industry eagerly waiting for as its business policies will be much affected by the GST rates of goods and services. Any delay from now on in finalization of goods and services tax rates may be pose new challenges for trade and industry. However if this be the case, GST roll out date will have to be pushed to either 1st Aug 2017 or 1st Sep 2017
We have opportunity coming in the form of GST and I know you all are well prepared for GST. GST Also brings a concept of GST Practitioner for those who intend to appear before the GST Authority for any matter. The following article discusses the eligibility criteria, relevant forms, procedure etc.
THE UTTAR PRADESH GOODS AND SERVICES TAX ACT, 2017 (U.P. Act no. 1 of 2017) [As passed by the Uttar Pradesh Legislature] AN ACT to make a provision for levy and collection of tax on infra-State supply of goods or services or both by the State of Uttar Pradesh and the matters connected therewith or incidental thereto.
EPFO Housing Scheme for PF members-Salient Feature- 1. To facilitate housing needs of EPF Members 2. Insertion of new provision- Para 68-BD in EPF Scheme, 1952 3. Applicable from 12th April 2017- Date of Notification
VALUATION RULES FOR SUPPLY OF GOODS OR SERVICES APPLICABLE WHEN VALUE CAN NOT BE DETERMINED AS PER THE PROVISIONS OF SECTION 15 OF THE CGST ACT.
GST rates and slabs decided on 18th May 2017. Outcome of GST Council’s meeting held at Srinagar on 18Th May 2017.
