Daily Archives: May 5, 2017

Haryana passes GST Bill

Haryana House passes GST Bill The Haryana Assembly on Thursday passed the Goods and Services Tax Bill, 2017, in the special one-day session of the House. It also gave legislators a hike in salaries and allowances with monthly salary of Ministers set to jump from Rs. 50,000 to Rs. 60,000 per month. Haryana Excise and… Read More »

Budget hotel owners make plea for 5% GST slab

Budget hotel owners make plea for 5% GST slab Budget hotel owners make plea for 5% GST slab A delegation of small-hotel owners led by Federation of Indian Chambers of Commerce and Industries (FICCI), on Thursday, made a representation before deputy chief minister and finance minister, Nitin Patel, seeking 5% or lower Goods and Service… Read More »

Category: GST

Govt. exempts service tax on Pradhan Mantri Vaya Vandana Yojna

Govt. exempts service tax on ‘Pradhan Mantri Vaya Vandana Yojna’ [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NOTIFICATION New Delhi, the 4th May, 2017 No. 17/2017-Service Tax G.S.R.….(E).- In exercise of the powers conferred by sub-section (1) of… Read More »

Section 1 Rajashtan GST Act 2017

Section 1 Rajashtan GST Act 2017 Section 1 Rajashtan GST Act 2017 explains Short title, extent and commencement and is covered in Chapter I Preliminary ( Note:- Rajashtan GST Act 2017 received the assent of the Governor on the 28th day of April 2017. Rajashtan GST Act 2017  make a provision for levy and collection of tax on intra-State supply… Read More »

USA IRS RP-2017-36: Table to calculate premium tax credit

Revenue Procedure 2017-36 procedure provides indexing adjustments for certain provisions under sections 36B and 5000A of the Internal Revenue Code.  In particular, it updates the Applicable Percentage Table in § 36B(b)(3)(A)(i) to provide the Applicable Percentage Table for 2018.  This table is used to calculate an individual’s premium tax credit.  This revenue procedure also updates… Read More »

Category: USA

USA IRS RP-2017-37: HSA inflation adjusted items

Revenue Procedure 2017-37 provides the 2018 inflation adjusted amounts for Health Savings Accounts (HSAs) as determined under section 223 of the Internal Revenue Code. Revenue Procedure 2017-37 will be in IRB 2017-21, dated 05/22/2017.