New Delhi [India], October 6 (ANI): The Goods and Service Tax (GST) Council on Friday raised the composition scheme threshold for businesses to Rs. 1 crore, which will allow them to pay a tax of 1 per cent to 5 per cent, without having to deal with a three-stage filing process.
Amravati (Andhra Pradesh) [India], October 6 (ANI): The Goods and Service Tax (GST) Council at its 22nd meeting held in New Delhi at the Vigyan Bhawan on Friday reached a consensus on increasing the composition threshold on companies with a turnover of up to Rs. 1 crore, said Andhra Pradesh
New Delhi [India], Oct. 6 (ANI): Over the last three years, the Indian multiplex industry has grown at approximately 13 percent CAGR in terms of operating screens and 14 percent CAGR in terms of revenue. The silver lining though is the healthy growth of food and beverages (F&B) and ad
New Delhi [India], Oct. 6 (ANI): Dubbing the Goods and Services Tax (GST) Bill as 'faulty', the Congress Party on Friday said the minor changes in the tax reform would not make any difference. "The GST council should review the whole implementation process that is what we expect from them. M
Washington DC [U.S.A.], Oct. 6 (ANI): World Bank President Jim Yong Kim said the recent slowdown in India's economic growth is an "aberration" caused by temporary disruptions in preparation for the Goods and Service Tax (GST) and asserted that it will get corrected in the near future.
New Delhi [India], October 5 (ANI): After asking states to slash the Value-Added Tax (VAT) on fuel by 5 per cent, Union Petroleum Minister Dharmendra Pradhan on Thursday said that he is hopeful that the states will comply with the proposal to revise their tax structure and will keep the cons
Hyderabad (Andhra Pradesh) [India], October 5 (ANI): The Andhra Pradesh Government on Thursday reiterated the request of exemption or reduction of the Goods and Service Tax (GST) rates levied on certain goods used by common people or low income people.
New Delhi [India], October 5 (ANI): Prime Minister Narendra Modi on Wednesday addressed the inauguration of Golden Jubilee Year of the Institute of Company Secretaries (ICSI) in New Delhi and in his detailed speech, emphasised on the policies and schemes by the Central Government.
New Delhi [India], Oct 4 (ANI): Reserve Bank of India (RBI) Governor Urjit Patel on Wednesday announced keeping the repo rate unchanged at six percent and the reverse repo rate unchanged at 5.75 percent.
Chennai (Tamil Nadu) [India], Oct 4 (ANI): In a letter written to Tamil Nadu Government, Tamil Film Producers Council has threatened to not release any movie from October 6 if 10% Local Body Entertainment Tax (LBET) is not removed.
Chennai (Tamil Nadu) [India], Oct 3 (ANI): The Producers Guild of India affirmed its unequivocal support to the decision of the multiplex cinema chains in Greater Chennai to discontinue screening of films as a mark of protest against imposition of Local Body Entertainment Tax (LBET) on cinem