Experts said the rate hike would improve working capital position of the manufactures as it would correct the inverted duty structure but may lead to increase in price of the finished goods.......
Even with less than ideal design features, the state VAT pushed up revenues. The Goods and Services Tax, with an improved design and a fully integrated IT system for both the Centre and the......
The key proposals from the IT industry that were not addressed included removal of dual levies on software products The budget is a mixed for the technology and services sector, as clarification......
Customs and excise duty rates have been amended mainly to promote Make in India. Image: Make in India gets a boost. Photograph: Rajesh Karkera/Rediff.com INDIRECT TAXES While......
There is much work to be done to design a good GST, notes Parthasarathi Shome. In the last mile, many essential components of a robust goods and services tax India is rushing towards a so-termed......