Here's the recent articles submitted by nagesh bajaj
Articles By nagesh bajaj
Government Is Loosing Its Momentum
By: nagesh bajaj
In the last meeting of the Empowered Committee of the State Finance Ministers, the major area of the discussion was the GST structure.(read
entire article)
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Category : Business
Can This New Year Bring Consensus
By: nagesh bajaj
All the efforts of Mr. Mukherjee to bring the Consensus between the States Government and the Centre were useless as instead of reaching to consensus, areas of differences between them increased to a greater extent.(read
entire article)
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Category : Business
Gst May Miss April 2012 Target To Be Implemented As States Oppose Draft Legislatory
By: nagesh bajaj
The introduction of GST through the comman goods and service tax or GST from the next financial year appears uncertain with fresh opposition pouring in from BJP ruled states who claims that it would reduce their status of that of municipalities and corporations. Finance minister Pranab Mukherjee's plan to roll out a national level goods and services tax (GST) by April 1, 2012, may get further delayed as finance ministers of two key states have said that it may not be possible.(read
entire article)
View : 61 Times
Category : Business
Deficiency In Collection Of Indirect Tax This Year
By: nagesh bajaj
The revenue growth target for this year is challenging a change in tune from an hot tempered optimist about the economy that has triggered concerns tax collections may drop sharply as economic activity slows. The task before the tax officials is very challenging and will require sustained and strategic efforts throughout the financial year.(read
entire article)
View : 118 Times
Category : Business
A Comparative View On Goods And Services Tax (gst)
By: nagesh bajaj
This comparison is based on the recommendations of the First Discussion Paper produced by the Empowered committee of states finance ministers (hereafter referred as EC) and the Report of the Task Force on GST constituted by the Thirteenth Finance commission.(read
entire article)
View : 91 Times
Category : Business
A Step Ahead In The Direction Of Unanimous Gst
By: nagesh bajaj
The comments of the Department of Revenue (DOR) on the ‘First Discussion Paper on GST' reflect the inclination of Centre on different contradicting issues related to Goods and Services Tax (GST).(read
entire article)
View : 58 Times
Category : Business
Gst: Impact On The Poor
By: nagesh bajaj
GST is a destination based consumption tax. Consumption taxes are regressive in nature. It increases the gap between the rich and the poor. The pertinent point is whether such tax would be fruitful for the economy as a whole or not? Is it not so that shift towards the consumption tax would increase inequality?(read
entire article)
View : 55 Times
Category : Business
Gst Scheme: Exemptions
By: nagesh bajaj
The prevalent indirect tax structure in India has a number of exemptions. At central level, 330 exemptions are allowed under CENVAT. These exemptions to service providers and manufacturers depend on the fulfillment of various conditions which are specific to each exemption.(read
entire article)
View : 52 Times
Category : Business
Gst And Constitution
By: nagesh bajaj
The GST Model proposed in the First Discussion Paper produced by the Empowered committee of state finance ministers on Nov 10, 2009, will be dual in nature. It will consist of two components: CGST (Central GST) and SGST (State GST) simultaneously levied by centre and state, respectively, on all transactions of goods and services, except those exempted by law.(read
entire article)
View : 58 Times
Category : Business
Gst : Transportation & Logistics
By: nagesh bajaj
Transportation & logistics is a much wider term. It covers various service providers and services provided by all modes of transportation (e.g., air, road, rail and sea). It also comprises related services such as warehousing, handling and value added services such as packaging, labeling, assembling etc.(read
entire article)
View : 65 Times
Category : Business
