Latest GST Tax Rates in India – by GST council

By Paras Mehra January 10, 2017

On 3rd November, 2016, tax rates were finally decided by the GST council. The current GST Tax structure divided into four slab rates which are 5%, 12%, 18% and 28%.

Goods and Services Tax (GST) Rates in India (5%, 12%, 18% and 28%)

By Agam Gupta November 7, 2016

The current GST Tax structure divided into four slab rates which are 5%, 12%, 18% and 28% and rates on Gold has not been decided till yet but as said by the council it is likely to be on lower side.

What is Krishi Kalyan Cess? – 0.5% increase in Service Tax Rate from 1st June 2016

By Paras Mehra April 26, 2016

This articles describes the concept of Krishi kalyan cess, that has been introduced by the Government of India w.e.f. 01/06/2016. Krishi kalyan cess is further added to service tax rate of 14.50% @ 0.5% which makes it a total of 15%.

What is the Latest Rate of Service Tax in India?

By Paras Mehra April 24, 2016

This articles explains the latest service tax rates in India. The current rate of Service tax rate is 15%in India. The basic rate of Service tax is 14% which is further increased by Krishi kalyan cess (0.5%) and Swachh bharat cess (0.5%).

List of Nationalized bank with rate of Interest on Saving Bank Account – Important for Nidhi Company Limited

By Paras Mehra April 20, 2016

From this list of nationalized bank and rate of Interest, you can decide the maximum rate of Interest that can be offered by Nidhi Company on saving account with its members.

Maximum Interest rate on Deposits – Fixed Deposits, Savings and Recurring deposits – Nidhi Rules, 2014

By Paras Mehra April 20, 2016

Every Nidhi company, in order to leverage the deposits, wants to offer maximum interest rate as possible to attract the common investor and member.

Maximum Rate of Interest on Loan – Rule 16 of Nidhi Rules, 2014

By Paras Mehra April 20, 2016

As per rule 16, the rate of Interest to be charged on any loan given by a Nidhi shall not exceed seven and half percent above the highest rate of interest offered on deposits by Nidhi.