Thursday, October 3

Tag: Traders

GST is a ‘Good and Simple Tax’ That Will End Small Biz Harassment: PM Modi
INDIA

GST is a ‘Good and Simple Tax’ That Will End Small Biz Harassment: PM Modi

Prime Minister Narendra Modi has billed GST as a 'good and simple tax' that will end harassment of traders and small businesses while integrating India into one market with one tax rate. At an event to launch the Goods and Services Tax (GST) at the historic Central Hall of Parliament, Modi said the indirect tax reform is a result of combined efforts of various political parties at different points of time. GST, he said, is an example of cooperative federalism as the centre and states together thrashed out the new law with consensus. Besides being a transparent and fair system that will end generation of black money and corruption, GST will promote new governance culture that will end harassment at the hand of tax officials. Touching upon initial teething troubles that may be wi...
Delhi Govt Launches App For Traders
INDIA

Delhi Govt Launches App For Traders

In order to ensure ease of doing business in the national capital, Delhi government today launched a mobile app for traders to register under the Trade and Taxes Department under which there will be no need for verification of their business premises. The Trade and Taxes Department of the government today issued a circular introducing a new facility for the city traders in the capital. Traders can register themselves with the department through the mobile app DVATMsewa -- giving basic information like name, Aadhaar number, date of birth, mobile number and residential address. The app can be downloaded from Google Play Store. "Traders, whose annual turnover is more than Rs 20 lakh, can register themselves with trade and taxes department through the mobile app without any verifi...