GST lowers taxes on household items, Luxury to be charged extra
GST council has decided taxation on majority of taxed items. Majority of household items have been exempted or kept in the lowest tax slab.
GST council has decided taxation on majority of taxed items. Majority of household items have been exempted or kept in the lowest tax slab.
Jaitley proposes to launch a website 'Operation Clean Money', to bring illegal wealth on books and expects further increase in tax returns.
Arun Jaitley completely deny the allegation of vendetta politics and says that the CBI raided Chidambaram on substantial basis.
P Chidambaram, dismisses all the charges filed against him and his son saying they were just being targeted for his criticism of the Modi goverenment.
The implementation of GST is bringing about fear in the business community in J&K. Nobody knows what will be its impact on the the financial autonomy.
Arun Jaitley has mentioned that the government is open to talk about proposal of providing more funds to banks in order to ensure recapitalisation.
Under GST, evading of tax in excess of ₹5 Crore will be a non-bailable offense and GST officer can arrest without a warrant or permission from the court.
GST Bill has finally been passes in Lok Sabha after a 7 hour long debate. Arun Jaitley termed it as the biggest tax reform after independence.
Arun Jaitley has presented 4 GST bills in Parliament, making the way clear for the implementation on July 1st.
Arun Jaitley in Rajya Sabha today clarified that central government will not be biased to provide farm loan waiver to selected states and added that states can do that in…