taxation
Revisions introduced in taxation laws in India
December 1, 2016
After the Indian government demonetised INR 500 and INR 1,000 currency bills last month to grapple with the circulation of black money in the country, people in India found new ways to hide their undeclared earnings. Thus, in the wake of demonetisation and corruption, the governm...
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Goods and Services Tax bill in India gets a go-ahead
August 10, 2016
Ever since the first proposal of the Goods and Services Tax (GST) Bill in India in 2005, there has been a lot of delay and amendments. But after years of revisions, after the Bill was passed by Indian Parliament, it finally gives way to make all transactions liable to a unified t...
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Fat tax introduced in Kerala
July 19, 2016
In an attempt to counter the rising incidence of obesity and many other lifestyle diseases, the Kerala government has decided to impose a 14.5 pc tax on junk food and drinks sold in the state.
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India proposes to host G20 summit ahead of schedule
July 18, 2016
India’s turn to host the G20 summit is scheduled for 2019 but the country is now proposing to take up the presidency of the meet in 2018 as it would be having its general election polls in 2019.
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