THE IMPACT OF GST (GOODS AND SERVICES TAX) IN INDIA. by krutika zala - 3 year ago | 2227 WHAT WILL BE EXPENSIVE EATING OUT:The service tax and VAT is expected to be approximately 20%. PHONE BILLS: After implementation of GST, internet packs and call rates are likely to get higher. Read more 0 0
Goods And Service Tax (GST) by Dipen Patel - 3 year ago | 2343 Goods and Services Tax (GST) is an indirect tax throughout India to replace taxes levied by the central and state governments. It was introduced as The Constitution (One Hundred and First Amendment) Act 2017. The Goods and Services Tax (GST), India's biggest tax reform in 70 years of independence, was launched at midnight of 30 June 2017 by PM Narendra Modi. Read more 0 0
Tax deductions under section 80c by Jigar Solanki - 2 year ago | 1580 Section 80c of the Income tax act allows tax deductions upto 1.5 lacs per year and the investment options are given below: Public Provident Fund or PPF which has locking period of 15 years. Employee Provident Fund or EPF which also has locking period of 15 years. Read more 0 0
10 Income Tax Rules That Will Change from April 1, 2018 in India by Kushal Soni - 2 year ago | 2728 1) Rs 40,000 standard deduction introduced: This additional deduction has been proposed in place of existing deductions of Rs. 19,200 for transport allowance an 2) Higher cess: Cess on income tax was raised to 4 per cent from 3 per cent for individual taxpayers on the amount of income tax payable. 3) Long-term capital gains tax on equity investments: A new 10 per cent tax (cess extra) will be applicable on capital gains exceeding Rs 1,00,000 Read more 0 0
