Goods and Services Tax
GST Impact On Traveling Business
RJA 21 Dec, 2016
The effect of GST will certainly initially affect the hospitality sector, which is a significant part of the tourism industry. Nevertheless, it can prove to be of long-term value to the industry. Within the GST system, the incentives are required to be pursued, R&D cessation would be reduced ...
Goods and Services Tax
Impact of Goods and Service Tax on the Power Sector
RJA 20 Dec, 2016
India staged a decision to implement GST (unified Good and Services Tax), which was proposed almost 30 years ago, after obtaining nod from both the upper and lower houses. The uniform tax is helpful for the tax payers across the nation. The new tax law considering including Countervailing duty, VAT, ...
Goods and Services Tax
Goods and service Tax effect on manufacturing sector
RJA 19 Dec, 2016
Countries that are emerging are largely supported economically by the country's manufacturing sector. But when all other emerging economies are seeing an increase in manufacturing sector growth, India is a way behind. The topographical and the demographical position of India are promising but the country has not been ...
Goods and Services Tax
GST effect on Logistics Industry
RJA 18 Dec, 2016
As soon as the parliament gave a green light to the Goods and Services Tax bill, the Indian companies had a moment of ecstasy. The implementation of the GST was intended to ensure that a uniform tax structure existed in the country by removing the multi-layer taxation system in both ...
Goods and Services Tax
Goods and Service Tax Impact On Automobile Sector
RJA 17 Dec, 2016
Due to the multiplicity of taxes, elaborate compliance obligations, and cascading of taxes, there is a complex system of taxes existing in our country. A number of complex systems occur in the automotive industry. It may be the longer investment period, vendor/part maker growth, significantly outsourced processes, specific business ...
Goods and Services Tax
Effects of Goods and Services Tax on the Energy Sector
RJA 16 Dec, 2016
If the economy continues to expand then the energy market is one of its key engines, but it is currently plagued by political instability and regulatory hurdles. The biggest problem of indirect taxes cutting into this sector's income has also, unfortunately, persisted into the Goods and Services Tax (GST). ...
GST Compliance
Goods and Services Tax Impact On E-Commerce Sector
RJA 15 Dec, 2016
GST Tax Impact On E-Commerce Sector The most important and painful point of the e-commerce industry is the provision relating to tax collection at the source. E-commerce in India is hindered by the host of taxes such as the VAT, CST, and service tax, TDS with one or more taxes ...
Goods and Services Tax
GST Impact on Importers and Exporters
RJA 12 Dec, 2016
GST Impact on Importers and Exporters The implementation of the General Sales tax bill has been delayed by our Finance Minister. Due to this, there is a constant amount of anxiety that is prevailing among the people running the export-import business in India. With the help of this article we ...
Business Setup in India
Company Registration Requirements
RJA 24 Oct, 2016
Registering a business in India has been a complex procedure that has taken quite a long time over the past years. The INC-29 Form and Digital Signature program launched today has made Company Registration a simple operation, thanks to the efforts of the Ministry of Commerce. The process has become ...
Business Setup in India
Compulsory conditions to register a company in India
RJA 22 Oct, 2016
Mandatory requirements to Register a Company in India In India, company registration has a process to follow. Anyone who wants to register a company needs to understand the various terms used during the process. With the growth of the business world in India, many new companies need guidance on company ...
Business Setup in India
Analysis of New Company Approval Process
RJA 22 Oct, 2016
Analysis of the New Company Approval Process Becoming an entrepreneur needs to follow multiple methods. The statutory and legal requirements for starting a new company are not sufficient for mere knowledge on the subject matter and expertise in the same. When one wants to start a new Business, various aspects ...