GST Rates for important Commodities & Services

The GST council,has finalized the following tax rates under GST: Commodities, Services GST RATE Essential farm produced mass consumption items like milk, cereals, fruits, vegetable, jaggery (gur), food grains, rice and wheat NIL Sleeper, metro tickets and seasonal passes NIL Common use and mass consumption food items such as spices, tea, coffee, sugar, vegetable/ mustard oil; newsprint, coal and Indian sweets 5% Airlines (Economy class) …

Indian women Investors

Women Investors: A woman leaves no stone upturned when it comes to taking care of the family and kids. If she can put similar efforts in the financial planning process, she can build a bright future for herself and her family. Women can become wealth creators if they invest early and regularly. For the technically challenged, there are professional financial planners. Today’s woman is leading …

Dial *99# (NUUP- National Unified USSD Payments)

NUUP stands for National Unified USSD Platform. It is a mobile banking service provided by NPCI (National Payment Cooperation of India ) which works on USSD technology. Customers can access the mobile banking menu of  Bank just by dialling the short code *99# from their mobile phone and initiate a transaction following the steps prompted on their screen. Dial *99# from your mobile phone* and …

“TIME TO INVEST”: A must read book of financial planning for every Smart Investor.

Anyone can be rich by Investing over a long term by Financial Planning. It required discipline, patience and knowledge of financial products you are going to invest in. No one else in the entire world is more interested in your financial well-being than yourself. And if someone is than, be cautious because he/she may definitely is going to sell you some products, which may be …

“TIME TO INVEST” हिंदी: A must read book of financial planning for every Smart Investor. हर स्मार्ट निवेशक के लिए वित्तीय नियोजन की पुस्तक|

वित्तीय योजना द्वारा दीर्घकालिक अवधि में निवेश करके कोई भी समृद्ध हो सकता है। इसमें उन वित्तीय उत्पादों के अनुशासन, धैर्य और ज्ञान की आवश्यकता है जो आप में निवेश करने जा रहे हैं। संपूर्ण दुनिया में किसी और को अपने आप की तुलना में अपने वित्तीय कल्याण में अधिक दिलचस्पी नहीं है।और अगर कोई व्यक्ति आपके निजी वित्त में रुचि रखता है, तो सावधान …

GST FEW IMPORTANT OUTCOME THAT MAY AFFECT YOUR POCKET

 GST FEW IMPORTANT OUTCOME THAT MAY AFFECT YOUR POCKET. Restaurants: Non-AC restaurants will charge 12 per cent GST on food bill. Tax rate for AC restaurants and those with liquor license will be 18 per cent, while 5-star hotels will charge 28 per cent GST. Restaurants with ₹ 50 lakh or below turnover will go under the 5 per cent composition. Hotels and lodges: Under …

GST WILL MAKES THESE ITEMS CHEAPER

GST WILL MAKES THESE ITEMS CHEAPER Food-grains, cereals and milk will cost less from July 1 when the Goods and Services Tax (GST) is rolled out. Currently in many state VAT is charged on food-grains including wheat and rice and also on milk products. However, sweets will attract five per cent GST but it will still become cheaper at places where VAT is charge right …

GST Benefits for business and industry.

 GST Benefits for business and industry. Transparent compliance: A robust and comprehensive IT system would be the foundation of the GST regime in India. Therefore, all tax payer services such as registrations, returns, payments, etc. would be available to the taxpayers online, which would make compliance easy and transparent.   Uniform tax rates and structures: GST will ensure that indirect tax rates and structures are …