Further, there is a significant cascading effect of taxes on account of various restrictions on cross utilization of credit of one tax against another. In addition to this, multiplicity of returns and compliances at State level, administrative costs, waybills requirement for inter-state movement of goods, add to the procedural compliances to be followed by the assesses. Introduction of a GST to replace the existing multiple tax structures of Centre and State taxes are not only desirable but imperative in the emerging economic environment. The Goods and Services Tax (GST) is a destination-based value added tax, levied at all points in the supply chain with credit allowed for tax paid on purchases used in making the supply. It would apply to both goods and services in a comprehensive manner with exemptions restricted to minimum.coretegra technologies best gst facilitation centre http://www.coretegra.com/gst/
The present indirect tax regime is complex and entails multiple taxes and duties. Further, there is a significant cascading effect of taxes on account of various restrictions on cross utilization of credit of one tax against another. In addition to this, multiplicity of returns and compliances at State level, administrative costs, waybills requirement for inter-state movement of goods, add to the procedural compliances to be followed by the assesses. Introduction of a GST to replace the existing multiple tax structures of Centre and State taxes are not only desirable but imperative in the emerging economic environment. The Goods and Services Tax (GST) is a destination-based value added tax, levied at all points in the supply chain with credit allowed for tax paid on purchases used in making the supply. It would apply to both goods and services in a comprehensive manner with exemptions restricted to minimum.
Permanent Account Number (PAN) refers to a ten-digit alphanumeric number, issued in the form of a laminated card, by the Income Tax Department in India. Permanent Account Number, as the name suggests is a permanent number which does not change during the lifetime of the PAN holder and also serves as an important ID proof. It is allotted to each tax payer by Income Tax Department under the supervision of the Central Board of Direct Taxes. The primary objective is to use a universal identification key to track financial transactions having a taxable component in it in order to prevent tax evasion. It remains unaffected by change of address throughout the country. Coretegra offers PAN Centre across India. We offer eKYC based PAN application and the legacy with form 49A. http://www.coretegra.com/pancenter/
With increasing competition among consumer brands, businesses are finding it increasingly challenging to offer unique value propositioning. In this report, Deloitte shows how personalisation and bespoke offerings are becoming an effective norm to attract new customers and retain existing ones.