Posts

๐—ก๐—ผ๐˜„ ๐˜†๐—ผ๐˜‚ ๐—–๐—ฎ๐—ป ๐—จ๐˜€๐—ฒ ๐—•๐—ถ๐˜๐—ฐ๐—ผ๐—ถ๐—ป ๐˜๐—ผ ๐—•๐˜‚๐˜† ๐—ฃ๐—ถ๐˜‡๐˜‡๐—ฎ, ๐—–๐—ผ๐—ณ๐—ณ๐—ฒ๐—ฒ, ๐—œ๐—ฐ๐—ฒ ๐—–๐—ฟ๐—ฒ๐—ฎ๐—บ ๐—ฎ๐—ป๐—ฑ ๐—บ๐—ผ๐—ฟ๐—ฒ ๐—ถ๐—ป ๐—œ๐—ป๐—ฑ๐—ถ๐—ฎ. ๐—ž๐—ป๐—ผ๐˜„ ๐—›๐—ผ๐˜„ ๐—ถ๐˜ ๐—ช๐—ผ๐—ฟ๐—ธ๐˜€

Image
๐Ÿ“Œ  #Unocoin , the Indian crypto exchange and cryptocurrency wallet will now be allowing its users to purchase everyday consumer items using Bitcoin. ๐Ÿ“Œ Rather than a straight purchase as one might do with cash for a product, Unocoin enables users to buy vouchers using the digital coin. These  #vouchers  can then be used to purchase said consumer items. ๐Ÿ“Œ The  #exchange  has put out parameters that allow users to transact with Bitcoin worth Rs 100 to Rs 5,000 to buy the vouchers. The company will feature the brands whose vouchers can be bought, on its mobile app. ๐Ÿ“Œ Unocoin says this would show over 90  #brands  โ€” including the likes of Domino's Pizza, Cafรฉ Coffee Day, Baskin-Robbins, Himalaya, Prestige, and more โ€” from which users can select a voucher of their choice. Though Unocoin is not the first of its kind to attempt such a scheme. Before Unocoin, came  #Zebpay , which partnered with  #Flipkart  to give its customers vouchers for ...

What is concept of Goods and Services Tax in india?

Image
GST concept in India GST stands for โ€œGoods and Services Taxโ€, and is proposed to be a comprehensive indirect tax levy on manufacture, sale and consumption of goods as well as services at the national level. Its main objective is to consolidates all indirect tax levies into a single tax, except customs (excluding SAD) replacing multiple tax levies, overcoming the limitations of existing indirect tax structure, and creating efficiencies in tax administration. Simply put, goods and services tax is a tax levied on goods and services imposed at each point of sale or rendering of service. Such GST could be on entire goods and services or there could be some exempted class of goods or services or a negative list of goods and services on which GST is not levied. GST is an indirect tax in lieu of tax on goods (excise) and tax on service (service tax). The GST is just like State level VAT which is levied as tax on sale of goods. GST will be a national level value added tax applicable on goods an...