Washington/Paris/Ottawa: US President Donald Trump has decided to impose trade tariffs on its allies, Canada and Mexico as well, along with the European Union. On Thursday, the US Secretary of Commerce Wilbur Ross announced imposition of taxes on the imports of steel and aluminium from Canada and Mexico along with the European Union. There have […]
Read More »Washington: The trade war between the United States and China seems to be flaring up. A few days ago, the US President had announced heavy taxes on the Steel and Aluminium imported from China. The international financial institutions and analysts had warned that these taxes will trigger a trade war. Following this, the US President […]
Read More »Bern/New Delhi: It will now be possible for the Indian government to access the information about the money deposited by the Indians in the Swiss bank accounts. Switzerland’s parliamentary committee has approved the proposal for instant automatic exchanges of the transaction done through the Swiss Bank accounts. After this the proposal will be sent to […]
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New Delhi: The Goods and Service Tax (GST) which is supposed to be the most important reform in India’s taxation system, is set to be implemented from July 1, 2017. The Chief Eexecutive Officer (CEO) of NITI Aayog, Amitabh Kant, believes that the implementation of GST can help India achieve a growth rate upto 9%. […]
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New Delhi: The ‘GST’ which has been proved to be useful for restructuring the way our country pays its taxes will be introduced at four levels. 50% of taxable essential commodities are to be kept out of the ‘GST’ tax bracket. While this is the biggest and most important phase in implementing the GST Bill, […]
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New Delhi – Lower House of the Indian Parliament, Lok Sabha cleared ‘Goods & Service Tax‘ bill (GST) after the Upper House Rajya Sabha, earlier gave a positive nod for it. Prime Minister Narendra Modi expressed confidence that GST would put an end to the tax terrorism and make consumer ‘The King’. PM Modi thanked […]
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Delhi, 14 June, PTI – A new proposal of Goods and Service Tax (GST bill) has been put forward which is considered to bring unprecedented changes in the indirect taxation of the country. Except Tamil Nadu which has some reservations on GST provisions, majority of the states have approved the new proposal of GST, which is […]
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