Articles by Vaibhav Singh
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Six Major changes in new ITR Forms notified
Vaibhav Singh 30 May 2022 at 08:28The new information which taxpayers need to provide is the source of their "pension, interest received from the EPF account, date of purchase or sale of land", etc. It is essential for you to know the six additional pieces of information to provide them in the ITR form.
Decoding Section 115 BAB of Income Tax Act
Vaibhav Singh 22 May 2022 at 07:32The government has introduced a favourable tax regime for new manufacturing companies. The Taxation Laws (Amendment) Ordinance, 2019 passed on 20 September 2019 has inserted Section 115BAB offering a low tax rate of 15% (plus surcharge and cess) to new manufacturing companies
Common FAQs on income tax return filing
Vaibhav Singh 14 May 2022 at 13:12It's time to get your income and investment proofs ready to ensure a hassle-free tax filing. I will try to address your tax queries to make your ITR Filing easy. Here are the top questions which have stumped taxpayers for a long time. Let's get the solutions right Away and axe taxes immediately.
Changes in E-way bill from 1st January 2022
Vaibhav Singh 02 January 2022 at 07:42I have compiled this article to discuss a critical radical change that is happening in the E-waybill GST Regulatory Framework.
Recent alarming changes in GST
Vaibhav Singh 27 December 2021 at 08:44The central government has decided to introduce some amendments to the existing Goods and Services Tax (GST) regime to prevent fraudulent activities related to billing and recovery. The new rules will come into effect from January 1, 2022.
How to Deal with GST Notices
Vaibhav Singh 02 December 2021 at 09:31The author, in this article, has tried to compile some important practical issues to help out how to deal with notices from GST Department.
UDYAM - Whether A Boon or Bane for MSMEs
Vaibhav Singh 25 October 2021 at 09:41Government should expand the definition of MSME to include traders, accept self-declaration and make registration mandatory over a 24-36 month period to make transitions smooth and seamless.
An Insight into Glitches in New Income Tax Portal 2.0 and Solutions
Vaibhav Singh 26 July 2021 at 09:32Since its launch, the new e-filing portal has been prone to numerous glitches. Such glitches have restricted taxpayers from carrying out any tax-related work and any business transaction which is subject to tax.
An insight into Composition Levy: Sec 10 of CGST Act 2017
Vaibhav Singh 17 June 2021 at 10:12To lower the burden of compliance for small businesses, a composition scheme has been introduced under GST law where the assessee has to pay tax at a minimum rate based on their turnover.
Decoding GST on Cryptocurrency
Vaibhav Singh 11 June 2021 at 09:50Buying and selling of cryptocurrencies will be considered under the category of supply of goods. Other related facilitating transactions will be counted under services and these would include supply, transfer, storage, and accounting etc.
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