The levy with retrospective effect is a double-whammy to Covid-batter small-time players
Higher GST on equipment and customs duty on solar modules may lead to a price rise.
The logistics market, pegged ~USD 250 billion, is expected to grow at 10-12% CAGR (Compounded Annual Growth Rate), with a pick-up in demand.
Services offered by an employer without the purpose to profit are exempt from GST.
The duration of a home loan is determined by a variety of criteria, including the needs of the borrower and their ability to repay the loan
GSTN in a tweet said that the figure comprises of erroneous data entries made by the tax payers
Income of a self-employed individual can be calculated on presumptive basis under section 44ADA of IT Act.
The company further said that the e-way bill generation facility has been blocked on the e-way bill portal for all the taxpayers
The revenues for the month of September 2021 are 23% higher than the GST revenues in the same month last year.
If the GST on health insurance is reduced from 18%, it will bring down the premiums and make essential services affordable to more people.