Goods and Services Tax (GST) is touted as one of the biggest reforms of Modern India. GST has got some sectors of the Indian economy delighted, while some are disappointed while the rest are a bit confused about it. GST is expected to add almost 2% to India’s GDP. Spare me the calculation but hey! […]
July 1, 2017 is set to become a red-letter day in the history of India and the Indian economy. This is due to the fact that the taxation system of India, established post-independence, is set to see a radical change. Currently there is a plethora of indirect taxes which the GST aims to subsume with its implementation, […]
The Goods and Services Tax (GST) is one of the largest indirect tax reforms in the country anticipated to not only simplify the complex tax structure but would also boost consumer demand in the prevailing timid realty market. The GST will be effective beginning 1 st July 2017, and with any new reform, there are some areas where […]
Digital Marketing is the new revolution sweeping the globe and national and multinational companies alike are taking full advantage of the same. Digital Marketing has become an integral part of economies around the world and Indian Economy is no exception. Indian Economy is caught in the eye of a storm with GST and it will have a profound impact […]
For the purposes of taxation, pension payments are treated as salary income in return forms in India. The dictionary defines a pension as an amount paid at regular intervals by the State or a past employer on account of services previously rendered, age, disability, poverty or other uncontrollable loss suffered. Similar definitions obtain in Section […]