Tag: Taxation
-
GST Reforms: New Rules for Old Goods After September 22
Introduction to GST Reforms The Goods and Services Tax (GST) reforms in India are set to undergo significant changes as announced in a recent meeting of the GST Council chaired by Finance Minister Nirmala Sitharaman. Effective from September 22, these changes will impact how businesses and individuals engage in the buying and selling of old…
-
Understanding the New GST Reforms Post-September 22
Introduction to GST Reforms On September 22, significant changes to the Goods and Services Tax (GST) framework will come into effect, impacting how old goods are bought and sold in India. This decision, made during a recent GST Council meeting chaired by Finance Minister Nirmala Sitharaman, marks a notable shift in the tax structure that…
-
Demystifying Property Assessment Myths
Understanding Property Assessments Property assessments play a crucial role in real estate, especially during the unveiling of new evaluation rolls every three years. Homeowners often feel a sense of shock as they see changes in their property values. This article aims to demystify common myths regarding property assessments, providing clarity for property owners. What is…
-
Donohoe Warns of Tax Vulnerability After Steep Drop in August Receipts
In a significant turn of events, Minister for Finance Paschal Donohoe has issued a stark warning concerning the vulnerabilities in Ireland’s tax revenue system. This comes after a steep drop in exchequer receipts during August, which has set the stage for critical discussions ahead of the upcoming national budget. The decrease in tax revenues is…