VAT Archives - H&R Block| Blog
December 23, 2016

How will GST Change Logistics Industry in India?

The future of Indian logistic industry looks bright, thanks to e-commerce penetration, economy revival, proposed GST implementation and government initiatives like Make in India, National Integrated Logistic Policy, 100% FDI in warehouses, food storage facilities, etc. In the Indian logistics industry, transportation enjoys a lion’s […]
December 21, 2016

How will Manufacturing Industry be Affected by GST?

Manufacturing industry has been a growth driver for various developed countries in the past but India’s manufacturing sector has always been a lackluster performer. India’s complex tax structure can partly be blamed for the stagnant growth of this industry. Government knows the importance of this […]
September 27, 2016

A Brief Introduction to GST

Goods and Services Tax or Indian version of GST is a destination based tax proposed by the government with the aim to eliminate several indirect taxes like VAT, Central Excise Duty, Sales Tax, Service Tax, etc. It is fondly described as one tax for one […]
December 3, 2015

The Tax Cycle – Why paying taxes is in your own interest?

The Tax Cycle – Why paying taxes is in your own interest? Have you been contemplating why you need to pay income tax even though you are already contributing by paying service tax, excise duty, VAT, toll, entertainment tax and other forms whenever you buy […]
June 17, 2015

H&R Block – Direct Taxes and Indirect Taxes in India

  Benjamin Franklin, one of the founding father of United Nations has rightly said “In this world nothing can be said to be certain, except death and taxes.” We can’t tackle the first one but let’s talk about dealing with the latter – Tax . […]