Tax Experts react to formal approval of GST laws by GST Council Venkataraman (Senior Advocate)It is a red letter day in the ambit of Indian tax jurisprudence. Thus far, we have had uniform tax laws through various central legislations, both in direct and indirect...
Budget maintains low profile on Indirect tax front By Puneet Bansal, Shruti Karnatak and Lalitendra Gulani, Nitya Tax Associates AS the nation stands on the cusp of major overhaul in the current indirect tax regime,it comes as no surprise that the Union Budget 2017...
Budget 2017 | Key Indirect Tax Proposals Dear Reader,Union Budget, 2017, as expected, saw limited changes being made in indirect taxes. With GST transition in mind, the Finance Minister played safe by maintaining a status-quo. To ensure economic growth (specifically...
Nitya’s insight on anti-profiteering measures under the GST law 1. INTRODUCTION OF GSTTill June 30, 2017, India was marred by multiple indirect taxes that were levied at distinct points in a supply chain. This not only restricted the free flow of credit but also led...
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