• Team Antworks

The announcement of the Goods and Services Tax (GST) was a milestone in the history of indirect tax reforms in the country. Through the amalgamation of a large number of state and central taxes into a single tax, GST is expected to remove double taxation or the cascading effect of taxation in a significant way. … Continue reading “GST News”

• Team Antworks

Implementation of GST has affected various aspects of a business operation ranging from product pricing to tax compliance. This is where the online GST calculator comes in handy. The cost of goods and services can be calculated using an online GST calculator that is available on many third-party websites. GST Tax Calculation Formula All one needs to … Continue reading “GST Calculator”

• Team Antworks

On 29 March, 2017 the country came a little closer to this sales tax regime after the Lok Sabha agreed to pass four important GST Bills. This sets pace for the implementation of this wide-ranging tax development by the 1st of July, 2017. GST is believed to change the entire landscape of tax payment and … Continue reading “GST Bill”

• Team Antworks

GST (Goods and Services Tax) is a single indirect tax aimed at making the country a unified common market. It is imposed on the supply of goods and/or services within India. Multiple indirect taxes that the Central Government or State Governments impose on suppliers and consumers are subsumed by GST. GST Calculator A GST Calculator … Continue reading “GST”

• Team Antworks

Gratuity is a sum of money paid by an employer to an employee for services rendered in the company. However, gratuity is paid only to employees who complete 5 or more years with the company. It can be understood as a form of tip paid by the employer to the employee for services offered in … Continue reading “Gratuity – Check Gratuity Calculation and Meaning”