{"id":9821,"date":"2024-06-14T14:29:58","date_gmt":"2024-06-14T14:29:58","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=9821"},"modified":"2024-06-14T14:29:58","modified_gmt":"2024-06-14T14:29:58","slug":"1-2k-amendments-in-five-years-make-gst-complex","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/1-2k-amendments-in-five-years-make-gst-complex\/","title":{"rendered":"1.2k amendments in five years make GST complex"},"content":{"rendered":"

Goods and Services<\/a> Taxes (GST<\/u>) is on the path of becoming a good and simple tax, but faced with several complications at present, tax expert from Delhi BimalJain<\/u>said.<\/p>\n

The function was organised to mark the foundation day of the All India Federation of Tax Practitioners (AIFTP).<\/p>\n

Jain said with 1,200 amendments having taken place in the past five years, there is an of confusion among the tax payers, tax practitioners, and the officials. It is hard for the professionals to remain updated on the latest rules.<\/p>\n

Jain observed that prevailing complexities are leading to lapses by the tax payers. Hence, the government should have an amnesty scheme, instead of imposing late fine and penalties, for them, he added.<\/p>\n","protected":false},"excerpt":{"rendered":"

Goods and Services Taxes (GST) is on the path of becoming a good and simple tax, but faced with several complications at present, tax expert from Delhi BimalJainsaid. The function was organised to mark the foundation day of the All India Federation of Tax Practitioners (AIFTP). Jain said with 1,200 amendments having taken place in … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1088],"tags":[841],"class_list":["post-9821","post","type-post","status-publish","format-standard","hentry","category-jharkhand","tag-15-11-22"],"yoast_head":"\n1.2k amendments in five years make GST complex - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/1-2k-amendments-in-five-years-make-gst-complex\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"1.2k amendments in five years make GST complex\" \/>\n<meta property=\"og:description\" content=\"Goods and Services Taxes (GST) is on the path of becoming a good and simple tax, but faced with several complications at present, tax expert from Delhi BimalJainsaid. The function was organised to mark the foundation day of the All India Federation of Tax Practitioners (AIFTP). Jain said with 1,200 amendments having taken place in ... 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The function was organised to mark the foundation day of the All India Federation of Tax Practitioners (AIFTP). Jain said with 1,200 amendments having taken place in ... 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