GST

India Defies US Pressure: 50% Tariffs Trigger Govt’s Push on GST, Reforms, Export Diversification
27
Aug
By Nikki
Nation, , ,

India Defies US Pressure: 50% Tariffs Trigger Govt’s Push on GST, Reforms, Export Diversification

India from 27 August is having 25% additional tariffs imposition on Indian exports to US. Now India is amongst the countries which are facing highest tariffs from US. Also read: Trump’s Proposed Tariffs Shake Up India’s Trade Strategy India has kept Trade lines closed for the US in sensitive sectors to secure its national security. It has taken a firm line for securing oil trade supply with Russia to meet the nation's energy needs.  US had continuously warned India. They asked India to stop crude oil trade with Russia. They also wanted to provide access to US producers in the…
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Simplified GST Ahead: Two-Slab Tax Model to Benefit Common Man, Farmers & MSMEs
16
Aug
By Nikki
Nation,

Simplified GST Ahead: Two-Slab Tax Model to Benefit Common Man, Farmers & MSMEs

Ahead of Diwali, PM Modi promises "Next generation” reforms in GST regime. He remarked it as a "Diwali gift” for masses. These are GST related reforms that are going to be introduced. The burden on common people will be reduced by the implementation of two slab structure from four. PM Modi on this Independence Day speech emphasised the importance of Goods and Services Tax. It was implemented in 2017. This tax has positively impacted the whole nation. PM Modi stressed on the need for next generation reforms. He emphasized a review of the Current GST structure in his Independence Day…
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