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Decriminalisation Section 132 and section 138 of CGST Act are being amended, inter alia, to 1. raise the minimum threshold of tax amount for launching prosecution under GST from Rs1 crore to Rs2 crore, 2. except for the offense of issuance of invoices without supply of goods or services or both; reduce the compounding amount from the present range of 50 percent to 150 percent of tax amount to the range of 25 percent to 100 percent; 3. decriminalize certain offenses specified under clause (g), (j) and (k) of sub-section (1) of section 132 of CGST Act, 2017, viz. obstruction or preventing any officer in discharge of his duties; deliberate tempering of material evidence; failure to supply the information Input Tax Credit for expenditure related to CSR Section 17(5) of CGST Act is being amended to provide that input tax credit shall not be available in respect of goods or services or both received by a taxable person, which are used or intended to be used for activities relating to his obligations under corporate social responsibility referred to in section 135 of the Companies Act, 2013.
Which theorem intends to show that the change in commodity prices changes the distribution of real incomes between capital and labor?
In Durbin-Watson test, if the value of d is 4, then what is the characteristic of the autocorrelation
What is the terms of trade formula?
Based on the sticky-price model, the short-run aggregate supply curve will be steeper, the greater the_____
Which of the following is correct?
According to monetarists view, in the long-run, the Philips curve
Income elasticity of an inferior good is always
The Mundell-Fleming framework studies (A) _____ , (B) _________ economies in a world with (C) _____ financial markets and (D) _____ capital mobility
...In an economy, S=-100+0.6Y is the saving function. If investment expenditure is 1100. Calculate consumption expenditure at equilibrium level of nationa...
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