Patna HC: Disciplinary Authority Cannot Impose Major and Minor Penalties in a Single Order  ||  Calcutta HC: Landlord Decides His Residential Needs; Courts Cannot Set Living Standards in Eviction  ||  Orissa HC: Second Marriage During Subsistence of First Remains Invalid Even After First Wife's Death  ||  Karnataka HC: Appeals Against Acquittal in Bailable Offences Lie Only Before High Court  ||  Supreme Court: Stamp Duty on an Agreement to Sell is Leviable Only if Possession is Transferred  ||  SC: Motive Becomes Irrelevant When Direct Evidence Such as a Dying Declaration is Available  ||  Supreme Court Issues Directions to CoC in Builder Insolvency Cases To Protect Homebuyers’ Interests  ||  MP High Court: Women Retain Reservation Benefits After Marriage if Caste is Recognized in Both States  ||  Allahabad HC: Police Must Prosecute Informants of False Firs, and IOs May Face Contempt if They Fail  ||  MP HP: Over-Age Candidate Cannot Claim Age Relaxation Due to Delay in Earlier Recruitment    

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 :        

Disclaimer | Copyright 2026 - All Rights Reserved