The government has missed an opportunity to address a couple of serious lacunae in the law
4 min read28 Jun 2019The finance ministry clarified that most affordable housing projects attract a 12% GST, the effective rate of which falls to 8% after adjusting for the cost of land, which is not subject to GST
1 min read8 Feb 2018Ambiguity over the anti-profiteering law under GST is said to be a major worry for automobile dealers and consumer packaged goods companies
4 min read26 Jun 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared