Blog

May 3
May 3

Remittances to India

As per the UN International Migration Report, 2017 an international migrant is defined as a person who is living in a country other than his or her country of birth. To this effect, Place of Birth is used to determine nativity and in its absence Place of Citizenship is considered. The definition of a migrant […]

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May 5
May 5

Business Impact & Benefits of GST

Business Impact The most visible impact of the GST levy is on the manufacturing and services sector where the entire value chain of operations, namely procurement, manufacturing, distribution, warehousing, sales, and pricing involve different stakeholders who at various levels draw some benefits from their handling of the good or service. The GST regime aims to […]

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May 4
May 4

What are Direct and Indirect Taxes?

Direct Tax It is paid by the user of the Good or Service to the entity which levies the tax. The underlying logic is that the consumer is the one who enjoys all the benefits of the said Service or Good and as such shall pay the tax on the same. This approach although ensuing […]

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May 2
May 2

What is GST???

The Goods and Services Tax is an Indirect tax which was introduced in India on 1st July 2017. It is applicable throughout India and aimed towards replacing the unhealthy number of cascading taxes levied by the Central and State governments at various levels on the provision of goods and services across the country. It is governed by a council […]

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