Below the Budget Day Input Taxation Sector Gunjan Prabhakaran, Partner and Leader, Indirect Tax, BDO India
The Government has ably taken steps towards its goals for a Viksit Bharat by 2047. The key focus of the budget outlay has been on the poor, women, farmers and youth. From a tax perspective, the focus continues to be on tax rationalisation and simplification. The Government has also proposed a comprehensive review of Customs rates and exemptions, to alleviate challenges faced...
Budget Day Input Taxation Sector Gunjan Prabhakaran, Partner and Leader, Indirect Tax, BDO India
Below the Quote on Central Excise Bill, 2024 by Gunjan Prabhakaran, Partner & Leader, Indirect Tax, BDO India
The release of the draft Central Excise Bill, 2024, which seeks to replace the Central Excise Act, 1944, indicates the Government’s intention to revisit the provisions of the existing Central Excise Act while also working on consensus for introducing GST on all products, including petroleum products, which are still not covered under the GST ambit.
The industry sh...
Quote On Central Excise Bill, 2024 by Gunjan Prabhakaran, Partner & Leader, Indirect Tax, BDO India
Below the Quote on GST May collection numbers by Gunjan Prabhakaran, Partner & Leader, Indirect Tax, BDO India
As per the recent update by the Ministry of Finance about the GST Revenue Collection, I am sharing a quick quote on GST collection numbers for April 2024 by Gunjan Prabhakaran, Partner & Leader, Indirect Tax, BDO India.
The 10% increase on a year-on-year basis in GST collections is largely driven by the significant increase i...
Quote on GST May collection numbers by Gunjan Prabhakaran, Partner & Leader, Indirect Tax, BDO India
