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GST is a comprehensive, multistage, destination-based tax on the supply of goods and services in India. It subsumed most indirect taxes and came into effect from 1 July 2017 after a long reform process.
Learn about e-invoicing, a form of electronic billing that uses various technologies and standards to exchange documents between trade partners. Find out the history, purpose, and usage of e-invoicing in different countries and regions.
Find the monthly GST revenue collection data of India from 2017-18 to 2023-24. Compare the national and state-wise collections, and the changes over time.
Microsoft co-founder and philanthropist Bill Gates has a net worth of approximately $130 billion and clocks in as the eighth richest person in the world. He is also the co-chair of the Bill and ...
A waybill is a document issued by a carrier for the shipment of cargo, showing the details and instructions of the consignment. Learn about the differences between waybill, bill of lading, air waybill and sea waybill, and the UK law applicable to sea waybills.
This amendment introduced a national Goods and Services Tax (GST) in India from 1 July 2017, replacing various indirect taxes levied by the Central and State governments. It was passed by the Parliament in 2016 and ratified by more than half of the State Legislatures in 2016.
Direct tax in the form of an income tax was introduced by Sir James Wilson in India in 1860 to overcome the difficulties created by the Indian Rebellion of 1857. [12] The organisational history of the Income-tax Department, however, starts in the year 1922, when the Income-tax Act [4], 1922 gave, for the first time, a specific nomenclature to various Income-tax authorities.
Boeing pleaded guilty to a felony charge of conspiracy to commit fraud for deceiving regulators who approved the 737 Max. The Justice Department said it lacks evidence to prosecute Boeing for more ...