How is GST Different from Current Tax Structure?

In this article you can find all differences between Present Tax Structure and Goods and Service Tax Structure like – Difference between Broad scheme, Difference between Tax rates, Difference between Tax burden, Difference between Concurrent Power, Difference between Compliance, Difference between Transparent Tax Administration, Difference between Cascading effect etc. Present Tax Structure Vs GST Structure S.N. Issues Present Structure GST Structure 1 Broad scheme   There are separate laws for separate levy. For e.g. Central Excise Act, 1944, respective State VAT laws.   There will be only one such law because GST shall subsume various taxes as specified above. 2 Tax rates There are separate rates. For e.g. Excise Read More …

5 THINGS YOU SHOULD NEVER SAY TO YOUR BOSS

I Don’t Know : Its guideline no. 1, don’t ever say ‘I don’t know’ to your boss. They inquire you something because they confidence you will help them find an answer. So, even if you don’t recognize the answer, tell them you will find out and come back to them. That’s not how we used to conduct : No identification. More than denoting a finger on the practical capabilities of the current boss, it shows you in a bad luminous. Your boss will feel you are exact and not flexible and adaptable. I don’t have time : You should never Read More …