While praising the GST regime of India implemented in 2017, The President of India Droupadi Murmu during the address of joint session of Parliament before the start of budget session, said it “has provided transparency, along with ensuring the dignity of taxpayers. Mentioning about the problem of long delays for tax refund earlier, President further emphasized how under the new GST regime “refunds are received within a few days of filing ITRs”.
Source a2ztaxcorp
Latest Posts in "India"
- Bombay HC Rules Freight Charges Reimbursed by Wholesalers Not Part of Sale Price
- GST Council announces major rate restructuring and exemptions
- Traders Face Penalties for Not Passing GST Reductions to Customers, Warns Government
- CBIC Clarifies GST Implications on Secondary or Post-Sale Discounts for Businesses
- India Slashes GST on Drones to 5%, Boosting Domestic Manufacturing and Sectoral Growth
