Posts

Understanding GST

Image
Understanding GST: A Comprehensive Guide to India’s Goods and Services Tax The Goods and Services Tax (GST) is a comprehensive indirect tax system applied across India on goods and services. GST replaced various prior indirect taxes, aiming to simplify the tax structure and eliminate the cascading tax effect. Initially, GST was adopted by France in 1954 and later by over 160 countries worldwide. In India, discussions around GST began in 2000 under the Atal Bihari Vajpayee government, with a committee of state finance ministers established to explore its implementation. The 101st Amendment Act formalized GST in India, introduced through the 122nd Constitutional Amendment Bill in 2014. After extensive discussions, the bill was passed in 2016, with the aim to implement the new tax regime by April 2016. Following President Pranab Mukherjee’s assent and the formation of the GST Council, the system was officially launched on July 1, 2017, marking a shift to the “one nation, one tax” principl

Empowering Accountability: Understanding the Lokpal and Lokayukta Act, 2013

Image
  Accountability is a cornerstone of any functioning democracy. It ensures that those in power are held responsible for their actions, promotes transparency, and fosters public trust in government institutions. In India, the Lokpal and Lokayukta Act, 2013, is a significant piece of legislation designed to empower accountability by addressing corruption at the highest levels of government. In this blog, we will delve into the Lokpal and Lokayukta Act, its history, key provisions, impact, and the ongoing challenges it faces.
Image
Restaurant name – PIRATES OF GRILL City name – JALANDHAR   This cozy restaurant has left the best impressions! Hospitable hosts, delicious dishes, beautiful presentation, wide wine list and wonderful dessert. I recommend to everyone! I would like to come back here again and again. First time in PIRATES OF GRILL and YOU have to go! It’s the cutest little spot with amazing food. The FOOD is to die for. IT WAS FIRE!! The service we received was so amazing and we will definitely be back again. They made us feel welcomed and gave us an amazing experience. It’s a great experience. The ambiance is very welcoming and charming. Amazing wines, food and service. Staff are extremely knowledgeable and make great recommendations.  This place is great! Atmosphere is chill and cool but the staff is also really friendly. They know what they’re doing and what they’re talking about, and you can tell making the customers happy is their main priority. Food is pretty good, some italian classics and some twi

Contract of Sale

Image
Contract of Sale  Introduction Contracts for the sale of goods are governed by the Sale of Goods Act 1930. The law covers to all of India, all transactions involving the sale of goods were governed by the Indian Contracts Act, 1872. In 1930 Sections 76 to 123 were replaced by the 1930 Act. Goods sales contracts have certain special features, such as the transfer of ownership of goods, delivery of goods, the rights and obligations of the buyer and seller, remedies for breach of contract, and the terms and warranties of the goods sales contract. Such These oddities are subject to the provisions of the Sale of Goods Act 1930. The law deals with the subject of movable property. This law does not cover the sale of land. Transactions related to real estate. B. Sales, rentals, gifts, etc. are governed by a separate law known as the Transfer of Ownership Act of 1882.  What is Contract of Sale: meaning & concept A sales contract is an agreement between a buyer and a seller intended to excha

Detailed overview on Article 368 of Indian Constitution

Image
  The Amendment of the Constitution: Article 368 India's first Prime Minister, Pandit Jawaharlal Nehru, once stated that the Constitution should not be so strict that it fails to adjust to the shifting requirements of national growth and power. As a result, the change to the Constitution was deemed necessary by the Constitution's drafters. The process for amending the Indian Constitution is outlined in Article 368. The Indian Constitution is notable for being neither too strict nor too adaptable. Because time is not constant, it permits for changes. Societies change over time, and the law must adjust to keep up. The Indian constitution is one of the most fascinating texts on the globe. No other nation has a constitution as extensive as ours, which is the biggest in the world. Despite its comprehensiveness, the reason this paper is so intriguing is because it is extremely adaptable. Our founding fathers hoped that the constitution would not only help the nation develop, but th