Tag Archives: Indirect Tax

30.8% growth in Indirect tax collection for 1st quarter of 2016-17

By | July 8, 2016

Indirect tax collection for the 1st quarter of 2016-17 indicates a growth rate of 30.8%       The figures of indirect tax collection for the 1st quarter of current  fiscal 2016-17 indicates a growth rate of 30.8% as compared to the 36.3% in the corresponding period of previous financial year. Once the Additional Resource Mobilization(ARM) is… Read More »

Key Tax amendments from 01.06.2016

By | June 1, 2016

Tax amendments from 01.06.2016 ( As per Finance Act 2016) Key Indirect Tax Amendments from 01.06.2016 Tax amendments from 01.06.2016 :Krishi Kalyan Cess Krishi Kalyan Cess, imposed by Finance Act 2016 by inserting new Chapter-VI Krishi Kalyan Cess, @ 0.5% on all taxable services, Krishi Kalyan Cess will come into force w.e.f 01.06.2016 . You… Read More »