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It was an indirect tax, where the service provider collected the tax on services from the service receiver and then paid it to the Government of India. Few services were exempt in public interest via Mega Exemption Notification 25/2012-ST as amended up to date and few services are charged service tax at an abated rate as per Notification No. 26 ...
Indians in Uganda. There is a sizable community of the Indian diaspora and people of Indian descent in Uganda. In 2003, there were an estimated 15,000 people of Asian descent (mostly Indians and Pakistanis) living in Uganda. At its peak, this community stood at between 80,000 to 100,000 people in the 1960s. However, in 1972, Ugandan dictator ...
Since the 1980s, India has emerged as one of the largest investors and trading partners of Uganda. Bilateral trade between the two countries amounted to $728 million in 2010–11, with the balance of trade heavily in India's favour with Ugandan exports to India accounting for only $16.7 million of the total trade.
Thus, the new Service Tax rate would be 15% incorporating EC, SHEC, Swachh Bharat Cess and Krishi Kalyan Cess. From 2015 to currently, the gross tax collection of the centre from service tax has amounted in excess of ₹ 2.10 trillion (US$26 billion). Service tax has been replaced by Goods and Services Tax in India.
Airtel is a long term investor with a single largest foreign direct investment from India to Uganda. The company is among the leading tax payers in Uganda. In 2019, Airtel was recognized as Uganda’s biggest taxpayer for compliance in remitting taxes to Uganda Revenue Authority. Airtel Uganda paid taxes worth UGX136 billion (approx. US$38 ...
Map of the world showing national-level sales tax / VAT rates as of October 2019. Additional local taxes may apply. [citation needed]A comparison of tax rates by countries is difficult and somewhat subjective, as tax laws in most countries are extremely complex and the tax burden falls differently on different groups in each country and sub-national unit.
This is a list of countries by household final consumption expenditure per capita, that is, the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households during one year, divided by the country's average (or mid-year) population for the same year.
Pre-GST, the statutory tax rate for most goods was about 26.5%; post-GST, most goods are expected to be in the 18% tax range. The tax came into effect from 1 July 2017 through the implementation of the One Hundred and First Amendment to the Constitution of India by the Government of India. 1 July is celebrated as GST Day.