Month: January 2018

Tricity's Leading GST & Accounting Consultants

Five Mantras to help a GST regime achieve its objectives

“Every tax ought to be so contrived as both to take out and keep out of the pockets of the people as little as possible over and above what it brings to the public treasury of the state” wrote Adam Smith in The Wealth of Nations (Book V, Chapter II, Part II).Taxes are a critical…
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January 24, 2018 0

GST: A Concrete Road Map that one looks for in the Budget Policy

The presentation of the Union Budget 2014-15 is about a fortnight away. It is everyone’s hope that the policies are “business friendly” and conducive to accelerated growth of the Indian economy. The fiscal role of Government has been comprehensively outlined by Richard Grave (1959) by means of the triad of allocation, distribution and stabilization. Among…
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January 24, 2018 0