company tax: provider tax was subsumed below GST right after its introduction. It was levied on certain providers supplied by company providers in India. Revenue generation: Direct taxes are a significant source of income for the government, which allows funding for community infrastructure, welfare programmes, and improvement initiatives. Excise

Advisory Our progressive thinkers offer providers to aid produce, defend and change worth these days, so you have opportunity to thrive tomorrow. even so, specific classes of people described in program III of MGL are liable to get registered regardless of this threshold. 5 crores and ? 75 lakhs for Distinctive group condition). below this plan,

As per the identify, dual GST may be the method where by both equally the center and state levy taxes. It ensures that equally governments gain earnings on each individual products and service source. The dual GST which means thus refers to aspect-by-facet tax application via the condition on center on transactions. for those who’re a taxpayer,