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Expectation Input on 54th GST Council meeting by Gunjan Prabhakaran, Partner & Leader, Indirect Tax, BDO India Below the Expectation Input on 54th GST Council meeting by Gunjan Prabhakaran, Partner & Leader, Indirect Tax, BDO India   While the Government had mentioned about a review of the rate structure on gaming after a period of six months, it was not taken up in the last meeting and can be discussed in the current meeting as a part of overall discussion on GST rates. In addition, there is a growing demand for exemption/reduction of GST rate on health and life insurance from all quar...
Expectation Input on 54th GST Council meeting by Gunjan Prabhakaran, Partner & Leader, Indirect Tax, BDO India
Expectation Input on 54th GST Council meeting by Gunjan Prabhakaran, Partner & Leader, Indirect Tax, BDO India
Source: BDOIndia
2024-08-29 02:47:08 pm
Quote on GST July collection numbers by Gunjan Prabhakaran, Partner & Leader, Indirect Tax, BDO India Below the Quote on GST July collection numbers by Gunjan Prabhakaran, Partner & Leader, Indirect Tax, BDO India   The GST Collections numbers, released after a gap of one month, showed an overall growth of ~10% on a year on year basis in gross collections. The growth rate was impacted due to muted growth collections from South India except Karnataka.   Above views are of the author and not of the website kindly read disclaimer
Quote on GST July collection numbers by Gunjan Prabhakaran, Partner & Leader, Indirect Tax, BDO India
Quote on GST July collection numbers by Gunjan Prabhakaran, Partner & Leader, Indirect Tax, BDO India
Source: BDOIndia
2024-08-02 11:44:37 am
Budget Day Input Taxation Sector Gunjan Prabhakaran, Partner and Leader, Indirect Tax, BDO India 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
Budget Day Input Taxation Sector Gunjan Prabhakaran, Partner and Leader, Indirect Tax, BDO India
Source: BDO India
2024-07-23 04:48:42 pm
Quote on Pre-budget expectations on Indirect Tax by Gunjan Prabhakaran, Partner & Leader, Indirect Tax, BDO India Below the Quote on Pre-budget expectations on Indirect Tax by Gunjan Prabhakaran, Partner & Leader, Indirect Tax, BDO India   A. Expectations from Customs and SEZ perspective: SEZ perspective: Clarity on the future of SEZ law (e.g. continuation of present SEZ Act or introduction of proposed DESH bill) specially in the context of the first 100 days plan of MOC with respect to changes in SEZ law (NFE, payment of input taxes rather than Customs duty on DT...
Quote on Pre-budget expectations on Indirect Tax by Gunjan Prabhakaran, Partner & Leader, Indirect Tax, BDO India
Quote on Pre-budget expectations on Indirect Tax by Gunjan Prabhakaran, Partner & Leader, Indirect Tax, BDO India
Source: BDO India
2024-07-12 04:17:46 pm
Quote on Pre-budget expectations on Indirect Tax by Gunjan Prabhakaran, Partner & Leader, Indirect Tax, BDO India Below the Quote on Pre-budget expectations on Indirect Tax by Gunjan Prabhakaran, Partner & Leader, Indirect Tax, BDO India   A. Expectations from Customs and SEZ perspective: SEZ perspective: Clarity on the future of SEZ law (e.g. continuation of present SEZ Act or introduction of proposed DESH bill) specially in the context of the first 100 days plan of MOC with respect to changes in SEZ law (NFE, payment of input taxes rather than Customs duty on DTA suppli...
Quote on Pre-budget expectations on Indirect Tax by Gunjan Prabhakaran, Partner & Leader, Indirect Tax, BDO India
Quote on Pre-budget expectations on Indirect Tax by Gunjan Prabhakaran, Partner & Leader, Indirect Tax, BDO India
Source: BDO India
2024-07-10 05:28:45 pm
Quote On Central Excise Bill, 2024 by Gunjan Prabhakaran, Partner & 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
Quote On Central Excise Bill, 2024 by Gunjan Prabhakaran, Partner & Leader, Indirect Tax, BDO India
Source: BDO India
2024-06-04 05:24:29 pm
Quote on GST May collection numbers 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
Quote on GST May collection numbers by Gunjan Prabhakaran, Partner & Leader, Indirect Tax, BDO India
Source: BDO India
2024-06-02 01:51:58 pm
Quote on GST March collection numbers by Gunjan Prabhakaran, Partner & Leader, Indirect Tax, BDO India Below the Quote on GST March collection numbers by Gunjan Prabhakaran, Partner & Leader, Indirect Tax, BDO India   Just wanted to share a quick quote on GST collection numbers for March 2024 by Gunjan Prabhakaran, Partner & Leader, Indirect Tax, BDO India.  The healthy rate of growth of the GST collections on year on year basis reflects growth of the economy as well as improved compliance (aided by the various anti-evasion measures taken by the Government). Inc...
Quote on GST March collection numbers by Gunjan Prabhakaran, Partner & Leader, Indirect Tax, BDO India
Quote on GST March collection numbers by Gunjan Prabhakaran, Partner & Leader, Indirect Tax, BDO India
Source: BDO India
2024-04-02 11:11:28 am