The economy is in problems severe in many sectors, and this is all the result of sudden changes in Govt. policies. Demonetisation and poorly framed GST roll out in a hurry killed the economic momentum. Corrections to GST laws came later.. GST needs more corrections. Apart from the above the body language of Mr. Arun Jaitley. late FM made matters worse, and the zeal to do business by investing evaporated. Startups got the hit of Angel Tax. Existing businesses , specially small ones became dry with no money. Consumers don't have money to spend. Job creation is lowest. And no momentum from Central Govt. more
Cannot agree more, but the government has not come out with any concrete plan of action, including GST, they had asked for inputs etc, but noting forthcoming! more
This is A reality. industries as well as small business group really suffering to maintain day to day expenses. how they can pay EMI. it may due some wrong policies by Govt. due to all segments are suffering. Thanks for quoting the core issue now a days. more
Need to understand that human beings are not bricks that mason can construct building of any design. To change human being you got to wait for change of generations more
IT Index collapsed by 4% yesterday as it continues to struggle From 2 years ago: - Salary Hikes: 15% down to 5% - Revenue Growth: 19% down to 3% - Hiring: Down 60% - ...
New criminal laws come into effect from today. Here is one new law to be concerned about: ‘individuals who engage in sexual relations by deceit, such as false promises of employment or marria...
Layoffs going on in full swing in IT sector! Daily 1-2 news coming in closed circles... crazy consolidation. Worser than 2000, 2002, 2008-2009 and 2015.
Dumbest thing in GST is using PAN as GST number and Mandating displaying GST number in Sign Boards. So that everyone on street knows our PAN. PAN is used as password in income tax docume...
Google India hiked the rate of business mail by 350 %. With fear of recession looming and when msme are struggling this is not the right thing to do. It will cost msme sector 5000 crore per year...
Still GST system is not 100 % user/official friendly. there are news that so much money (in lacs) collected by fraudulent GST bills. I am a GST registered vendor. The company turn over is almo...
Many of you know how LocalCircles had worked with the Government in 2019 on resolution of angel tax issues under Section 56 (2)(viib) of the Income Tax act. Once again, the Government h...
Now our IT portal has become sick being suffering babu virus or extortion virus. McA site never works on last days and people have to pay penalties for mistakes of govt. Now professionals are wasti...
What about income tax return filing date? Any extension thereof? As of today, I am not able to file the return . Has any one else file the income tax return? Has Portal issue been solved? I have al...
By Hasmukh Sangani
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