Union Budget 2020 Expectations: GST

On January 27, 2020

Everyone is busy with financial planning for the year 2020 and the Finance Ministry is busy with the planning of the upcoming Budget 2020. The union budget for the fiscal year 2020-21 is scheduled on 1st February 2020 and Sitharaman is all set to present her second budget as a Finance Minister. There are many things on […]

Offences and Penalties under the GST Act

On December 19, 2019

What is an offence under GST? An offence under GST is the breach of GST rules and violations of provisions of the GST Act. There are severe penalties for the lawbreakers and to avoid such penalties you must have the information about these offences. There are 21 offences in total that come under the GST […]

Auto Industry will have to “find its own balance” – says president SIAM

On September 27, 2019

Following the slowdown in the automobile sector, president of Society of Indian Automobile Manufacturers (SIAM) said that the auto industry will have to “find its own balance” to boost demands. The auto industry was very hopeful of GST reduction but the GST Council is clearly declining to cut rates for the auto sector. The industry […]