Share Your Knowledge Relating To Tax and Services in India
Posted by John Smith on May 25th, 2016
In country like India where we all have the rights to move on our own way the service taxes and other goods oriented taxes have brought down the worst condition of life. With the day to day increase in these taxes the life is becoming hell in every condition for people.
This site has been a source to the people who are always in associating to pay on the goods and service tax in India. With the site they are going to have a broad information on what the Indian Government is doing and how there are changes being substituted throughout the system.
Other than that, the site has been revealing various knots relating to the taxes. There are blogs which clearly describes of how the taxes are to be paid and what are the budget been taken on to the chance. The finance minister’s discussion relating to the goods tax and various other taxes which would surely impact the life of common man.
As with some of the highlighted conditions, the government has declared the enhanced of service tax to 15 % from 14.5 % earlier. This 0.5 % of enhancement is going to impact a lot. Above all the FDI permitting through FIPB route in marketing of foods products and the exemption from profit in 1st 3 years for start up. Does these all not going to impact a maximum to everyone. Truly speaking the site has been an eye opener for some entrepreneurs as well. With the help of the site, they are going to know every single information relating to goods and service tax and can take that to implementation.
The site has been a friendly set up for all who are very much into details and information relating to the goods and service tax payments indeed. Various information like the surcharge rate increment from 12 % to 15 % on income of rs 1 crores or more has been a great achievement for government. There is information that has made people think up is the increment of service tax from 14.5 % to 15 %. Apart from that, the declaration that the import becomes costlier and exemption lifted from import by vessels has taken a great turn with the situation.
Author bio:-
The writer of the press release has taken the responsibility to discuss the great impact of taxes and the relative services. This has brought down an inspiration to him to write and explain about the site’s significance.