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Transactions fees in financial services are likely to become more expensive in the new GST regime as they will now be subjected to 18% tax.

Tax rates have been finalised for 1,211 items with a majority of items being kept under 18 per cent rates.

One must always record daily transactions on a real time basis… Keeping a real time track of your transactions is a must as the last thing you want is to be stuck backtracking all your transactions that haven’t been recorded. It raises the scope for error and missing out on a single transaction could result […]

The labour ministry has amended the social security schemes run by EPFO so it can make digital payments

This could be purely coincidental. But the Goods and Services Tax (GST) in India was introduced as the 101st amendment to the Constitution. That’s the best Shagun and an auspicious number in itself to make sure it has a successful rollout, eventually! For a while now, there has been enough said about the impact of […]