by AIP Online Bureau | Dec 17, 2022 | Eco/Invest/Demography, Indian News, Policy
Accepting one of the demands of the insurance industry, Revenue Secretary Sanjay Malhotra clarified that ‘no claim bonus’ offered by the insurance companies to an insured is an admissible deduction for valuation of insurance service and does not attract GST New Delhi:...
by AIP Online Bureau | Dec 14, 2022 | Eco/Invest/Demography, Indian News, Policy
The committee has also suggested that the fee for compounding offences be reduced to 25 per cent of the tax amount, from 50-150 per cent currently Currently as per the GST Act, the amount payable for compounding of offences is 50 per cent of the tax amount involved...
by AIP Online Bureau | Sep 18, 2022 | Eco/Invest/Demography, Indian News, Policy
“We are making an Act. We are bringing one bill and that one bill seeks to decriminalise all the minor offences mentioned in different Acts. We are having consultations with all the departments on the bill. We will bring a common Act for decriminalisation. Basically...
