Soon travel packages to become cheaper. The government is looking at a proposal to allow tax credits to tour operators, which will reduce the incidence of the goods and services tax on those booking holidays. In the last Goods and Services Tax (GST) Council Meeting, the said issue was discussed but the solution to it … Continue reading “GST to make travel packages cheaper next off tax credit’s review”

The goods and services tax (GST) registrations for entities mandated to collect and deduct tax at source will start from 18 September. However, the date from which tax deducted at source (TDS) or tax collected at source (TCS) is to be done will be notified later. The GST Council, at its 21st meeting in Hyderabad, … Continue reading “TDS, TCS deductors can apply for GST registration from 18 September”