With the internet of things becoming more common and data charges reducing considerably telecom companies are constantly focused on customer retention by offering free promotional offers and value added services. Will the introduction of the Goods and Services Tax impact this sector and are companies ready for this change?
The Lok Sabha will be discussing four GST bills i.e. CGST, UTGST , IGST and Compensation today. Read key changes between what was proposed as the Model Draft GST Law and the Bills that were tabled.
The implementation of GST in banking is going to be a challenge due to the vast geographical reach of banks and the hiked GST rates in comparison to current service tax rates. Explore 4 critical implications of GST on banking to define your strategy.
Is GST applicable on alcohol for human consumption? Will petroleum and tobacco attract GST? What about imported goods an services? What will be the compenstation to states? Read a 9 Point summary on the fundamental of GST Bill: The Constitutional Amendment Act (CAA).
The GST Council, in its 11th meeting held on March 4, 2017, decided on some key contours of the CGST and IGST Acts effectively clearing the deck for their passage in the ongoing Budget Session. Read here to know the full story.