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Robust GST revenues show growth potential

by CA Chinmay Shirish Agate | Mar 9, 2021 | GST, SMEs, Taxation

GST collections for February were at Rs 1.5 lakh crore, registering an increase of over 8.3% year on year, higher than the nominal GDP growth of 7.5% in 2019-20. This is welcome. The 8.3% growth comes from 12% growth in domestic transactions, but sluggish economic...

How GST would affect the Media and Entertainment Industry

by CA Chinmay Shirish Agate | May 15, 2020 | GST, SMEs, Taxation

GST and its impact on consumers The finance ministry released the recently released draft of goods and sales tax. And, based on the current scheme of affairs, consumers are expected to pay a service charge tax of around 14.5-15% for all broadcast services like...

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