Wednesday, August 25, 2010 |
[Contribution by P. K. Bansal, Advocate, and author is available on Mob: 9810288440 / balwantraibansal@yahoo.co.in ] Goods and Service Tax - Objective, concerns and challenges. GST has been heralded as the next generation of reforms in the area of Indian Indirect taxes. The government intends to implement the new regime by April 1st, 2011. The attached PPT have tried to bring together some building blocks (whether it is the discussion paper, objective which the new framework intends to achieve, issues, concerns or challenges)
What's New a. Changes in Foreign Trade Policy released (Click for detail) b. Service tax on on-going works contracts entered into prior to 01.06.2007 (Click for detail) c. Foreigners may get to set up LLPs in sectors open to FDI (Click for detail) d. Debate on extending tax breaks heats up (Click for detail)
Thanks for your valuable time "Voice of CA"
CA. Sanjay Kumar Agarwal, Founder - Voice of CA
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