Income Tax Department released Income Tax Slab for financial year 2017-18 and for assessment year 2018-19. And these are normal tax rates which apply to tax payers depending on their income. Here you also know about income tax slabs for […]
Continue reading »How to register at Income Tax Department online
August 5 is very important day for all tax payers. As 5th August 2017 is last date to file Income Tax Returns so it is better that you first register yourself at official website of IT department. And then you […]
Continue reading »How to e-file Income Tax Return online in easy steps
All tax payers must file income tax returns by 5 August 2017 because that is the last date to file ITR at official site. Besides this is the updated deadline for filing IT Returns. And we had already reported that […]
Continue reading »CGST, IGST in Jammu and Kashmir as Lok Sabha passed two bills
Government of India introduced and implemented GST or Goods and Services Tax in India on 1 July 2017. As a result from July 1 almost all states in India had GST in place of different taxes. However GST did not […]
Continue reading »Good news for farmers tax rate reduce on fertilizers from 12% to 5%
Government has revise rates for certain products under new tax regime. However, Parliamentary affairs and chemicals & fertilizers Union Minister talk to media on fertilizer sector outcome. Therefore Government decided to reduce from existing 12 percent to 5 percent on […]
Continue reading »HSN Codes on Glues, Starches, Whey Proteins, Adhesives, Peptones
You can see GST rate & HSN code for Aluminoidal substances, modified starches, glues, and enzymes. This all rates and codes related to Casein, Albumin, Enzymes, Gelatin, comes under Chapter 35 of GST. And also see GST rate for fevicol. […]
Continue reading »HSN Code for Soap, Polish, Waxes Products
Soap, washing, lubricate prepares, polishing items, candles falls under HSN code chapter 34. These goods are covered in 18% rate of GST. And see GST on handmade soap. Therefore for better understand check GST tax on washing power. Hence, you […]
Continue reading »GST HSN Code for Perfume, Cosmetics and Toiletries
HSN chapter 33 pertains to essential oils and resinoids. In addition, like cosmetic, perfumery, or toilet prepares. Under GST regime, GST rate will be mapped to HSN code to enable consistency of tax rates across India. In this article, you […]
Continue reading »HSN and GST rate for colouring and Tanning product
GST rate slab for Paints, inks, mastics, varnishes, putty and dyeing extracts. However, Paints, varnishes, putty, mastics, inks and dyeing extracts falls under HSN code chapter 32 of GST. In this article you look at HSN code and GST rate […]
Continue reading »HSN codes for Fertilisers for GST
GST has special significance for fertilizer sector. And currently allowed number of tax concessions on both input and output levels. But there is also heavy subsidy on sale of fertilizers. However, impact on fertilizer industry will depend on how these […]
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