Diabytes
Good and Simple Tax News
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Tata Motors-owned Jaguar Land Rover on Saturday reduced prices of its entire vehicle range in India on an average by 7 percent to pass on benefit of reduced tax incidence under GST.
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Chief Economic Adviser Arvind Subramanian has exuded confidence of resolving teething problems of GST implementation in one-two months.
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India launched its ambitious pan-India indirect tax regime, the Goods and Services Tax (GST) at the stroke of midnight hour to bind the country into a regime of "one nation, one tax, one market".
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The historic Goods and Services Tax (GST) was launched by President Pranab Mukherjee and Prime Minister Narendra Modi at midnight today unveiling the new tax regime replacing overnight the messy mix of more than a dozen state and central levies.
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