GST On Food Delivery Charges: Authorities Question Swiggy And Zomato
GST on Food Delivery Charges means the tax levied on meals ordered through food delivery platforms like Swiggy, Zomato, etc. […]
CRS and FATCA: Enhancing Tax Transparency on Foreign Assets & Income
CRS and FATCA are global frameworks to curb tax evasion by promoting financial transparency and information sharing among countries. Purpose
GSTR-2B: Why GSTR-2B for October 2024 is Missing?
GSTR-2B is a statement which has been generated on the basis of the information furnished by your suppliers or by
RCM on Commercial Rent: Key Rules and Applicability
RCM on Commercial Rent refers to the Reverse Charge Mechanism, where the recipient tenant is liable to pay GST on
TDS on Rent: Overview of Section 194I, 194IB and 194IC
Introduction TDS on rent refers to the deduction of a certain percentage of tax by the tenant before making a
Invoice Management System: New Advisory on Supplier View
Invoice Management System (IMS) is a new functionality developed on the GST portal which allows taxpayers to manage their invoices
GST E-Invoice: Mandatory To Be Uploaded Within 30 Days w.e.f. April 2025
GST E-Invoice is an electronic invoice which is generated through the Invoice Registration Portal (IRP) and contains a unique Invoice
TCS on Sale of Scrap under 206C
TCS on the sale of scrap means that the seller collects tax from the buyer at the time of sale.
GST Interest and Penalty Waiver: Forms to be Available from January 2025
GST Interest and Penalty Waiver Scheme under Section 128A provides provide a big relief to the taxpayers for reducing the
Income Tax Rules: Eligibility for Interest Waiver on Delayed Payments
Income Tax Rules are the guidelines which issued under the Income Tax Act, 1961. It cover areas like filing returns,
Self Invoicing under RCM: Time Limit and Invoice Format
Self Invoicing under RCM must be issue by the recipient of goods or services on behalf of the supplier as
Gold Taxation Update: How Capital Gains Are Now Calculated?
Capital gains tax is applied on the sale of physical gold, gold mutual funds, gold ETFs, and sovereign gold bonds.