Tag: GST

Comprehensive guides on the new Goods and Services Tax. Learn about GST registration, how to apply for GSTIN, documents required, the GST rates for various goods and services, and the latest news.

GST Council Slashes Rates on Nearly 200 Items

At its meeting held earlier this month, the GST Council approved tax cuts on nearly 200 items in the 28% tax rate slab. The rate cut is applicable as of November 15, after the Centre and states issued notifications for the same. The Prime Minister is also positive about the benefits these changes will bring for … Continue reading “GST Council Slashes Rates on Nearly 200 Items”

What are the merits and demerits of GST?

No denying the fact that the mood, at present, about GST is upbeat. GST has its own share of “naysayers,” as is usually the case when any new reform comes about but the below release from Moody’s Investors Service clearly highlights the over-all positive sentiments about GST. “Already FDI has seen a substantial increase and … Continue reading “What are the merits and demerits of GST?”

Impact of GST on Startups in India

At the stroke of midnight, 1st of July 2017, India became one single market where there were no constrictive regulatory norms, where there is seamless movement of goods across the country in reduced time, and where many of the VAT regime challenges were obsolete. Although we are at a very initial stage of GST implementation, … Continue reading “Impact of GST on Startups in India”

Impact of GST on Hospitality Industry in India

On 1st July 2017, India took a significant step implementing the biggest indirect tax reform since independence when it opted for a four-tier GST structure, 5% to 28%, which will subsume various state and central levies hitherto in place, to help create a seamless national market. Indian Industry’s reaction to the GST implementation were mostly … Continue reading “Impact of GST on Hospitality Industry in India”

GST ಕೌಂನ್ಸಿಲ್ ಸದಸ್ಯ ಶ್ರೀ ಕೃಷ್ಣ ಬೈರೆ ಗೌಡ ಅವರೊಂದಿಗೆ ಪ್ರಶ್ನೋತ್ತರ ಅಧಿವೇಶನ

ಶ್ರೀ ಕೃಷ್ಣ ಬೈರೆ ಗೌಡರು ಕರ್ನಾಟಕ ಸರ್ಕಾರದ ಪ್ರಸ್ತುತ ರಾಜ್ಯ ಕೃಷಿ ಸಚಿವರಾಗಿದ್ದು ಇವರು ಕರ್ನಾಟಕ ವಿಧಾನಸಭಾ ಕ್ಷೇತ್ರದ ಬೆಂಗಳೂರಿನ ಬ್ಯಾಟರಾಯನಪುರ ಕ್ಷೇತ್ರವನ್ನು ಅವರು ಪ್ರತಿನಿಧಿಸುತ್ತಾರೆ. ಕೃಷಿ ಸಚಿವರಾದ ಇವರು ಕೃಷಿಯಲ್ಲಿ ತಂತ್ರಜ್ಞಾನದ ಹೆಚ್ಚಿನ ಅಳವಡಿಕೆ ಮತ್ತು ಹೆಚ್ಚಿನ ಕಾರ್ಮಿಕ ವೆಚ್ಚ ಮತ್ತು ಕಾರ್ಮಿಕ ಕೊರತೆಯನ್ನು ನೀಗಿಸುವುದು ಮುಖ್ಯ ಕರ್ಥವ್ಯಗಳಾಗಿವೆ. GST ಕೌನ್ಸಿಲ್ಲಿನಲ್ಲಿ ಕರ್ನಾಟಕದ ಹಿತಾಸಕ್ತಿಗಳನ್ನು ಪ್ರತಿನಿಧಿಸುವುದು ಇವರು ಕೈಗೊಂಡ ಮತ್ತೊಂದು ಪ್ರಮುಖ ಚಟುವಟಿಕೆಯಾಗಿದೆ. ಸನ್ಮಾನ್ಯ ಮುಖ್ಯಮಂತ್ರಿ ಸಿದ್ದರಾಮಯ್ಯನವರು ಶ್ರೀ ಕೃಷ್ಣ ಬೈರೇ ಗೌಡರನ್ನು ಈ ಸ್ಥಾನಕ್ಕೆ ಆಯ್ಕೆ ಮಾದಿದ್ದಾರೆ. ಇತ್ತೀಚಿಗೆ ಎಕನಾಮಿಕ್ ಟೈಮ್ಸ್ನಲ್ಲಿ … Continue reading “GST ಕೌಂನ್ಸಿಲ್ ಸದಸ್ಯ ಶ್ರೀ ಕೃಷ್ಣ ಬೈರೆ ಗೌಡ ಅವರೊಂದಿಗೆ ಪ್ರಶ್ನೋತ್ತರ ಅಧಿವೇಶನ”

GST Software and Tools – Free Downloads and Trials

Over the last month, Yomillio has been publishing a series of GST resource guides to help you with the transition to the new indirect taxation regime in India. As part of this continuing effort to assist our members with their GST implementation and compliance, we have compiled a comprehensive list of GST software and tools … Continue reading “GST Software and Tools – Free Downloads and Trials”

Timeline of GST in India

One India, One Tax became a reality on the 1st of July, 2017, when the Goods and Services Tax went into effect. This landmark moment in the history of modern India comes after nearly 20 years of debate and negotiations among states and successive central governments from different parties, members of Parliament and other interested … Continue reading “Timeline of GST in India”

GST Courses in Bangalore

To help our member businesses with the transition to the new Goods and Services Tax regime, Yomillio has published a number of GST related resources and expert interviews. Q & A session with GST Council Member Krishna Byre Gowda GST tips from PwC tax experts As part of this ongoing effort, we are publishing today … Continue reading “GST Courses in Bangalore”

Q & A Session With GST Council Member Krishna Byre Gowda

Shri Krishna Byre Gowda is the current Minister of Agriculture for State, Govt. of Karnataka. He represents the Byatarayanapura Constituency, Bengaluru in the Karnataka Legislative Assembly. As Minister for Agriculture, his focus areas include greater adoption of technology in agriculture and push for mechanization to overcome high labour costs and labour shortage, to name a few. … Continue reading “Q & A Session With GST Council Member Krishna Byre Gowda”

GST Tips From PwC Tax Experts

With the imminent launch of GST round the corner, India’s small business community is about to embark on the transition to this new tax regime. Yomillio is here to provide you access to whatever business support and services you need for GST registration, paperwork and compliance. As part of this effort, we want to share … Continue reading “GST Tips From PwC Tax Experts”