Tax authorities are grappling with a Rs 34,000-crore goods and services tax (GST) puzzle amid fresh fears in the government of businessmen evading taxes.
The Bombay High Court said the goods and services tax (GST) regime wasn't easy to use, questioning the celebratory midnight session of Parliament that was held to mark its launch.
Niti Aayog member Bibek Debroy too had said that agricultural income should be taxed at the same threshold as personal income.
Due to 7th pay commission, the personal disposable income has been increased, so we believe there is a need to raise the exemption limit to Rs 3 lakh.
Tuition fees paid at the time of admission or anytime during the financial year to any registered university, college, school or educational institution based in India qualifies for tax benefit.
Deduction of Tax at Source (TDS) by Drawing and Disbursing Officers (DDOs) under GST regime - Finance Ministry OM and Gazette Notification