SC: Mere Mention of 'Arbitration' Does not Form Agreement Without Clear Intent || SC: No Entitlement to Job as Compensation for Land Acquired under Land Acquisition Act || SC: Court Cannot Probe Credibility of FIR Allegations While Entertaining Quashing Plea || SC: Notice under Indian Forest Act Does not Transfer Private Forests to Maharashtra Law || SC: Unilateral Termination of Sale Agreement Invalid if Contract Does Not Permit it || NCLAT: Pre-COVID Defaults do not Exempt Debtors From Insolvency Proceedings || NCLAT: Liquidator Must Obtain NCLT Approval Before Conducting Private Sale || NCLAT: Contract Termination for Performance Default Not Barred by CIRP Moratorium || Kerala HC: Partial Specific Performance Not Allowed if Defendant Holds Undisputed Property Title || Kerala HC: Complainant Must be Informed if Probe Against FIR-Named Accused is Dropped

Report on Revenue Neutral Rate and Structure of Rates for GST- (Ministry of Finance ) (04 Dec 2015)

Other Taxes

A Committee appointed by the Government to suggest tax rates under the common Goods and Services Tax framework for the whole country has released its conclusions. The Report assesses weaknesses of the current, fragmented system which can adversely affect domestic manufacturing. It notes that with the introduction of a homogenous Goods and Services Tax, even a slight reduction in the total tax payable will increase the likelihood of compliance with tax collection and aid revenue collections.

Tags : COMMITTEE REPORT GOODS AND SERVICES TAX

Share :