GST Ready India

GST Ready India’s Latest News and Updates

  • 07 Aug

    India's most revolutionary tax regimes broke at the stroke of 30th June 2017 midnight. The advent of GST (Goods and Services Tax) has changed the entire business game. The Ad industry initially was roaming only on negligible tax rates. With increased digital Ad expenditures and rising competitions from potential newcomers, advertising has been seeing an

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  • 19 Feb

    The implementation of GST by the Indian Government has been hailed as the greatest tax reform undertaken in India since independence and with good reason. The GST or Goods and Services Tax has the potential of creating a uniform indirect tax code that subsumes a range of taxes, levies and duties to prevent the multilevel

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  • 10 Jan

    GST, the acronym for Goods and Services Tax, has been hailed by many as the most far reaching change in India’s indirect tax code since independence. GST has been designed to act as an effective replacement of the previous highly fragmented indirect tax collection methodology. Now that it has been over 6 months since GST

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  • 15 Jun

    An estimate issued by the finance ministry holds some good news for the devotees across India. The estimate has claimed that goods used in Puja and other Hindu rituals, such as havan, would be exempt when the Goods and Services Tax kicks in from July 1st. Post Adtiyanath Yogi’s proposal, the GST council has decided

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  • 24 May

    The GST in India is going to be implemented from 1st July 2017. By pushing forward this biggest tax reform to the next level, GST Council has decided the tax rates of 1,211 items on 18th May in Srinagar. Total 18% indirect tax is decided for majority of the consumable items whereas the price of

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  • 18 May

    With India introducing a multi-tier taxation system, the varying tax rates have some major implications for Indian businesses. Four rates have been proposed for GST: 5%, 12%, 18% and 28%. Given the emphasis on making GST a progressive tax, it is expected that essential items will be taxed at lower rates, while luxury goods will

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  • 06 May

    The implementation of the Goods and Services Tax (GST) will likely prove to be a challenge for the huge Indian banking sector due to the vast geographical reach of most banks. With the GST coming close on the heels of demonetization, the banking sector needs to ensure that they are ready for this new tax

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  • 27 Apr

    The government has embarked on the last lap of escorting in the ambitious goods and services tax (GST) regime in India. The GST is one of the biggest reforms to the Indian economic set-up in recent times. It seeks to simplify the taxation of trade in goods and services, reducing processes and increasing the ease

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  • 25 Apr

    The challenge is intimidating when an economy of more than 1 billion consumers and 9 million businesses - all functioning beneath an umbrella of taxes, esoteric regulations and rival political ambitions, is converted into an integrated common market. But that’s the goal as India gets ready to roll out a goods and services tax (GST)

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