Articles by Sparsh Wadhwa

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How to File ITR Online?

  Sparsh Wadhwapro badge    20 June 2024 at 14:01

Learn how to easily file your income tax return online with this step-by-step guide!



How do Freelancers Save Tax in India

  Sparsh Wadhwapro badge    10 May 2024 at 08:36

Freelance income includes earnings that you generate from completing freelancing tasks. Freelancing is a form of self-employment as you are not hired by the company or placed on its payroll.



ITR U - How to file ITR of previous 3 years

  Sparsh Wadhwapro badge    16 March 2024 at 07:22

The updated return, or ITR-U, was put forward in the Union budget of 2022 to provide taxpayers with an additional chance to submit if they missed the deadline for filing their tax returns late or to correct any mistakes they made.



Advance tax e-campaign based on significant transactions

  Sparsh Wadhwapro badge    15 March 2024 at 08:48

The Income Tax Department has received information on financial transactions relating to XXXX SINGH PAN XXXXX1650X for Financial Year 2023-24 (AY 2024-25). It is seen that your advance tax payment for F.Y. 2023-24 is apparently not commensurate with such financial transactions undertaken by you during this period.



GST Composition Scheme: Eligibility, Rules & Features

  Sparsh Wadhwapro badge    04 March 2024 at 13:18

For taxpayers, the Goods and Services Tax (GST) Composition Scheme is an easy-to-understand program. Small taxpayers have the option to pay GST at a fixed rate of turnover and do away with arduous GST requirements.



GST Refund Process

  Sparsh Wadhwapro badge    27 February 2024 at 08:51

So as to claim a GST refund, the taxpayer has to adhere to certain processes, provide the GST authorities with the appropriate documentation, and make any necessary disclosures.



Startup India Registration Process

  Sparsh Wadhwapro badge    20 February 2024 at 13:27

The Government of India launched an initiative named "Startup India" in January 2016 with the aim of encouraging and promoting entrepreneurship in India as a whole. The goals of the scheme are aimed at creating jobs, encouraging innovation, and developing an environment that supports growth of startups



GST Return Filing Process for e-Commerce operators

  Sparsh Wadhwapro badge    12 February 2024 at 14:26

GST is a value added tax for the provision of goods and services at every stage of supply chain's distribution and production.



GST on Export of Services

  Sparsh Wadhwapro badge    06 February 2024 at 07:55

Exporting goods and services can have a significant positive impact on businesses of all sizes. The chance to access a diverse range of potential clients by tapping into a sizable global market is one of the main advantages.



Budget 2024: Income Tax Slabs Rates for AY 2025-26 and Other Updates

  Sparsh Wadhwapro badge    02 February 2024 at 08:58

Finance Minister Nirmala Sitharaman today on February 1 presented the Union Budget 2024 inside the Lok Sabha.  No changes have been introduced in the tax slabs in old and new tax regimes.