The GST council met after six months for the 43rd council meeting on 28th May 2021. Finance Minister Smt Nirmala Sitharaman chaired it. The Union Minister of State for Finance and Corporate Affairs – Shri Anurag Thakur, the Finance Ministers of…
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43rd GST Council Meeting: Relief for Taxpayers and More
Basics: GST Laws and Rules Part -3
The Goods and Services Tax (GST) has brought significant changes in the Indian economy. It has been consistently reshaping the tax calculation system. However, it has also confused taxpayers and people in business concerning the GST laws and rules. The new…
Basics: GST Laws and Rules Part -2
The Goods and Services Tax (GST) is an indirect tax regime that has replaced several indirect taxes in India. The GST laws and rules on goods and services were approved in the Parliament on March 29th, 2017, and came into force…
Basics: GST Laws and Rules Part -1
The Goods and Services Tax (GST) has been enforced throughout India as of 1 July 2017. Any taxpayer or business entity registered under the current tax administration must register under GST. The GST tax regime has replaced all other taxes. Since…
