GST

A constitutional amendment has been presented by Rajya Sabha in the form of the Goods and Services Tax (GST) in India. This was the most significant agenda of the Prime Minister Narendra Modi’s government to bring an economic reform in the country, which could be accepted for all and which could be accepted by all. …

The government on 22nd July has extended the deadline for all kinds of businesses to opt for composition scheme under the GST regime till August 16. A Statement by finance ministry said “With a view to ease the compliance burden of provisionally migrated small taxpayers opting to pay tax under the composition scheme, it has been decided to …