GST tweaked, relief for small businesses

We have always been GST-compliant, says iflix

So far over 15 lakh out of the 90 lakh registered businesses have opted for the composition scheme.

He also clarified that small businesses will also have to file returns for three months - July, August and September - and can switch to quarterly filing from 1 October.

Federation of Indian Export Organisations (FIEO) President Ganesh Kumar Gupta said the changes and initiatives announced by the Government following the GST Council meeting will address the problems of the exporters particularly those in micro and small segments.

According to another report on CNBC TV 18, GST Council is mulling move back to pre-GST regime benefits for exporters which means inputs to exporters likely to get deemed export status.

Breast cancer awareness month
Susan Dennehy is a clinical nurse specialist with the Winnipeg Regional Health Authority's Breast Health Centre. The OBSP at WHGH provides free screening mammograms to women aged 50 to 74 with no signs of breast cancer .

"Future exports that they will do till March 31 will work through that exemption in which the nominal of 0.1 per cent will be given and after that we will work to establish the e-wallet by April 1, 2018".

The reverse charge mechanism in the GST is one wherein the recipient of the goods and/ or services is liable to pay GST instead of the supplier.

The tax rates under composition scheme is 1 per cent for traders, 2 per cent for manufacturers and 5 per cent for restaurants.

"The increase in threshold under composition scheme to ₹1 crore would bring in many more small businesses within its ambit", Pratik Jain, Leader, Indirect Tax at PwC India said.

American Idol Officially Started Filming, & Ryan Seacrest Documented Its First Day
FYI: Katy is wearing a Christopher Kane dress. "There are still diamonds out there to be found", says Perry. From the mental health issue to all of the issues that are causing these things", Bryan said solemnly.

The Prime Minister has just tweeted about the changes to the GST regime.

SERVICES: Hotel services such as AC hotels serving liquor, Room tariffs between Rs 2,500 and Rs 7,500, Restaurants inside five-star hotels will attract 12 per cent tax under GST slab. Modi, in a rare acknowledgment that economic sentiment had turned negative, this week defended his handling of the economy, which in the June quarter grew at an annual 5.7 per cent, its slowest rate in three years.

He said the composition scheme has been made more attractive and other facilitation measures will make the GST even more people-friendly and effective. Moreover, tax rate on unbranded namkeen, unbranded ayurvedic medicine, e-waste, paper waste, rubber waste, plastic waste was reduced to 5 per cent.

Director-general Datuk Seri T. Subromaniam said the latest amendments to the GST Act had been submitted to the Finance Ministry and are expected to be tabled in the Dewan Rakyat later this month.

Hadiya case: SC to examine if HC can annul marriage
It was alleged that the woman was recruited by Islamic State's mission in Syria and Jahan was only a stooge. The apex court asked how the father of the girl could question the rights of a girl who was 24 years old.

Share

Related News

  • Google Releases Small Camera That Echoes Google Glass

    Google Releases Small Camera That Echoes Google Glass

    It will take short videos which you can trim into GIFs or you can freeze-frame into a picture at the flawless moment. Apart from the flagship smartphone duo, the company also unveiled its smart Home products and the new PixelBook .
    FS1's Knicks 'Hopeless' or 'Hopeful' subway ad campaign short-lived

    FS1's Knicks 'Hopeless' or 'Hopeful' subway ad campaign short-lived

    On the side of the train was the word " hopeless ", while the interior of the vehicle was decorated with Knicks orange and blue. ESPN's Darren Rovell , citing a team source, says the ads will be taken down by the Metropolitan Transportation Authority.
    Veteran Iraqi Kurdish leader Jalal Talabani dies

    Veteran Iraqi Kurdish leader Jalal Talabani dies

    Talabani was elected in 2005 and was forced to retire in 2014 in order to focus on his health after suffering from a stroke. He had a stroke 2012 and spent time in Germany for 18 months of treatment just before the end of his presidency.
  • Brazil's Olympic committee chairman arrested

    Brazil's Olympic committee chairman arrested

    Given the new facts, the IOC Ethics Commission may consider provisional measures while respecting Mr Nuzman's right to be heard. Investigators also searched the offices of Brazil's Olympic Committee and several companies suspected of links to the scandal.
    Color-changing tattoos monitor blood glucose at a glance

    Color-changing tattoos monitor blood glucose at a glance

    Those issues need to be sorted before the tattoo ink could be used for medical needs. Color-based biosensitive tattoo ink, on the other hand...
    SC on Kerala love jihad case

    SC on Kerala love jihad case

    Born Akhila Ashokan, Hadiya had converted to Islam before her marriage to Shafin Jahan. The woman, a Hindu, had converted to Islam and later married Jahan.
  • Detroit makes first cut for 2026 World Cup matches

    Detroit makes first cut for 2026 World Cup matches

    The Utah Sports Commission announced Wednesday Salt Lake City is officially vying to be a host city for the 2026 FIFA World Cup . Stadiums under consideration in the United States include several venues used in the 1994 World Cup like the Pasadena Rose Bowl.
    Uber's CEO Charms London While Ex-CEO Kalanick Makes a Power Play

    Uber's CEO Charms London While Ex-CEO Kalanick Makes a Power Play

    All of Uber's shareholders will eventually have one vote per share, regardless of the class of company stock that they own. The special supervoting shares that concentrated power in the hands of Kalanick and other insiders, will be annulled.
    Get your National Taco Day on with these Houston deals

    Get your National Taco Day on with these Houston deals

    The gift set includes four classic tacos: a Crunchy Taco, as well as Nacho Cheese, Cool Ranch, and Fiery Doritos Locos Tacos. If you would like a hard copy of the recipe, feel free to get it from Castle Milk Stout's website right here.
  • Woman Orders Yoga Mat, Gets $400K In Illegal Drugs Instead

    Woman Orders Yoga Mat, Gets $400K In Illegal Drugs Instead

    Police believe she received the drugs after they were shipped to her old address, which the dealers knew would be vacant. Investigators are now working to figure out who sent them and who was supposed to pick them up.
    Google Home Mini: Google launches little rival to Amazon's Echo Dot

    Google Home Mini: Google launches little rival to Amazon's Echo Dot

    In this case, telling your Home "where's my phone" will ping the nearest Android device paired with your Google account. In another announcement related to Google Home, users can now find their devices if they have lost in in their house.
    Girlfriend of Vegas Gunman Arrives in US

    Girlfriend of Vegas Gunman Arrives in US

    Danley's boyfriend Stephen Paddock was the gunman. "We are making arrangements to contact her upon her return", he said. They lived together in Mr Paddock's property in Babbling Brook Court, a two-bedroom home worth $396,000 (£297,554).