Ads
related to: cleartax gst software price in indiatax.thomsonreuters.com has been visited by 10K+ users in the past month
- Manage a Remote Firm
Online Software to Successfully Run
a Remote Tax and Accounting Firm.
- How to Run a Remote Firm
Learn How Accountants Can Work From
Home Successfully & Effectively.
- Tax Software Red Flags
How Do You Know When You Need
to Reevaluate Your Tax Software?
- Value Of Billable Hours
Billable Hours are More Important
Than Ever. UltraTax CS Can Help.
- Contact Sales
Want to Learn More About UltraTax?
Contact Our Sales Team Today.
- Case Study
UltraTax CS Helps Family-Owned
Firm Achieve Work-Life Balance.
- Manage a Remote Firm
Search results
Results From The WOW.Com Content Network
Pre-GST, the statutory tax rate for most goods was about 26.5%; post-GST, most goods are expected to be in the 18% tax range. The tax came into effect from 1 July 2017 through the implementation of the One Hundred and First Amendment to the Constitution of India by the Government of India. 1 July is celebrated as GST Day. [4]
India faces more difficulties in proliferating its income tax than a country like China, who subjects 20% of its population, because there is an emphatically low amount of formal wage earners. [27] Even though India's income tax was instituted in 1922 by the British, their tax history explains their high degree of tax delinquency today. [27]
In 2016, Tally Solutions was shortlisted as a GST Suvidha Provider to provide interface between the new Goods and Services Tax (GST) server and taxpayers, and in 2017, the company launched its updated GST compliance software. [14] [15] In 2020, the company released TallyPrime. [16] [17] In 2022, they introduced TallyPrime Edit Log. [18]
From 1 May 2018 onwards Ministry of Finance of Government of India started releasing monthly GST revenue collection data via official press release through Press Information Bureau. And to further improve transparency Government of India started issuing state-wise monthly collection data from 1 January 2020.
As of 2 June 2014, VAT has been implemented in all the states and union territories of India except Pondicherry, Andaman and Nicobar Islands and Lakshadweep Island. VAT was replaced by Goods and Services Tax, all over India from 1 July 2017.
The committee submitted its report to the government in April 2008 and released its First Discussion Paper on GST in India in 2009. [2] Since the proposal involved reform/ restructuring of not only indirect taxes levied by the Central but also the States, the responsibility of preparing a Design and Road Map for the implementation of GST was ...
Ads
related to: cleartax gst software price in india