GST rates for Airlines

With Holi behind us, it’s time to pull out the sunscreens and bottles of fresh juice to battle the merciless heat of the Indian subcontinent. Summer’s here and some of us have decided to stay indoors, going out only when absolutely essential. On the other hand, a considerable portion of the population is planning a…

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Used Cars

A 2016 study by Quartz Media states that the Indian middle class population doubled in size to 600 million people in 8 years. The booming population obviously needs its chariots. And since not everyone can afford to buy BMWs, the used car segment of the Indian automobile industry is on the rise. So, today we…

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GST on Real Estate

2016 was full of unpleasant surprises. The surgical strikes, JNU protests, and Uri & Pathankot attacks had unnerved the citizens. On the real estate front, the RERA Act and NaMo’s Demonetization created shock waves. It is no secret that the real estate sector deals mostly in cash. Investment in real estate dipped after the ‘demonetization’…

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GST on Smart Phones

I-phone X is coming to India soon and preliminary exchange offers have already begun. Bring your old 5s to the store and leave with the glorious I-phone X. What a delight it would be to do away with the older and painfully slow smart phones in exchange for a shiny, new one.One packed with even more…

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Fast Moving Consumer Goods

Two years ago, on 5th June, a catastrophe struck the nation. The Food Safety and Drug  Administration withdrew and recalled 9 variants of Maggi noodles. They ordered a stop on production and exports. Before one could realize, Maggi was banned. The instant noodles were off the shelves. The food inspectors delved in to the mystery of ‘dangerously…

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Impact of GST on ECommerce

The impact of Goods and Service Tax has been widespread on the ECommerce industry. ECommerce Suppliers and operators are at a disadvantage with mandatory registration, increased compliance and tax collection at Source. GST has also brought positive news for the E-Commerce shoppers. Impact of GST on ECommerce Consumers: Quicker Delivery: Before GST implementation, there were…

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Disability Equipment

“The GST on aids and appliances for persons with disabilities is a reminder of Nangeli’s act of severing her breasts in protest against the Mula Karam or breast tax levied on women from lower castes in Kerala in the early 19th century. This reference is ingrained in the minds of every Malayali for its sheer…

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Impact of GST on Banking Services

    This message would have been powerful enough to rouse Sleeping Beauty from her deep slumber, if there were heavily taxed banking services back in the day. In the pre-GST world, Service Tax was charged on services availed from banks, mutual fund, insurance companies and other financial institutions. My bank was kind enough to send…

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