It’s a Good day for Renewable sector. Last night the GST rates have been declared on all the products, equipment's and machineries required in producing Renewable Energy. As against the Industry Expectation of 12%-18% slab government has come up with 5% slab. This is a very strategic decision in order to promote the renewable sectors.
Goods and Services Tax (GST) is an indirect taxation in India merging most of the existing into a single system of taxation.The GST will subsume almost all state and central level indirect taxes and levies in India. AT Central Level. Central Excise Duty (CENVAT) Additional Excise Duties The Excise Duty levied under the Medicinal and
Indian industry is yet to realise the potential of cloud accounting. It’s amazing how much time business owners waste on spreadsheets and number crunching when it can be done swiftly with cloud accounting. Time is invaluable for any business. In-fact, time is far more valuable than money. The sole reason is that for us here
The Goods and Services Tax (GST) is to be implemented from 1st July. This will not lead to any significant increase in prices of goods although marginal hike can be observed in the cost of some services.The constitutional amendment gives time till September 15 for the introduction of GST but the target date has been
Accounting Software has been there in the modern market since last 5 decades. While India’s tryst with accounting goes back more than 2000 years. Kautilya’s Arthshastra is a book that covers accounting principles and standards, role and responsibilities of accountants and auditors. It also defines the methodology of fraud risk management and the role of