Gst series

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Gst series starting tomorrow. This series helps you in many concepts of gst also their is much more stuff about gst. Please join that series starting tomorrow only on www.caipccblog.blogspot.com so, download the app or visit my site now and subscribe the site for more notification.

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GST QUICK OVERVIEW.

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India is marching towards the progress with the lightning speed. After the  demonetization , the GST bill is one the biggest tax reforms in India since the independence.  The GST bill is supposed to boost up the Indian economy is coming years. According to the GST bill, all the complex and multiple indirect taxes were replaced by one ultimate tax which is GST. We have written this article in simple English language to make you aware of whatever you wanted to know about the GST and its various aspects like its meaning, definition, impacts, benefits, advantages, flaws, disadvantages etc. GST created a buzz in the Indian economic market for sure and news media covering it to the fullest, we can see that GST going to be one of the top topics for speech, essay competitions for commerce stream students, UPSC, SBI PO type of higher exams can also you can expect essays on this topic. I think you should expect Impact, Risk, Effect History, Evolution of Demonetization and GS...
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UAE to Implement GST : Big Demand for Indian CAs

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UAE to Implement GST : Big Demand for Indian CAs Indian chartered accountants (CAs), who have gone through implementing the GST, dubbed the most complicated tax law, are in great demand in the United Arab Emirates (UAE) and other Gulf countries these days. The Average salary being offered stands at around Rs.34 Lakhs in INR. Their knowledge of Hindi has become an added advantage for Indian professionals, as many residents of the Gulf are comfortable with the language. UAE will be introducing Value Added Tax (VAT) from January 1, 2018. This is similar to the GST, which came into force in India from July this year.  After UAE, other Gulf countries will also be implementing the new tax. This has led to a demand for Indian experts to help businesses there understand the indirect tax system.  In fact, Indian professionals find the tax in UAE much simpler than the Indian GST. Chartered accountants from across the country, including Nagpur, are camping at UAE or making frequen...
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WHY IS GST A BIG DEAL?

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WHY IS GST A BIG DEAL? GST is a comprehensive, multi-stage, destination-based consumption tax on levied at every stage of value addition in the lifecycle of a product. To understand this better, let us look at each of the terms in detail: Comprehensive: GST will subsume all of the current indirect taxes. Plus, by bringing in a unified taxation system, across the country, it will ensure that there is no more arbitrariness in tax rates. Multi-stage: GST is levied each stage in the supply chain, where a transaction takes place. Value-addition: This is the process of addition to the value of a product/ service at each stage of its production, exclusive of initial costs. Under GST, the tax is levied only on the value added. This is done through Destination-based consumption: Unlike the current indirect taxes, GST will be collected at the point of consumption. The taxing authority with appropriate jurisdiction in the place where the goods/ services are finally consumed will collect...
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