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 […]
GST on Vehicles: Council Targets Higher Tax on Used Cars
The GST Council’s focus on higher taxation for used cars is part of a broader strategy to streamline the taxation
Revised Income Tax Return: Correct Errors by 31st December 2024
Revised income tax return is a corrected version of your original tax return. Filing a Revised Income Tax Return (ITR)
GSTR 9 Turnover Limit For FY 2023-24
The turnover limit for filing GSTR-9 (Annual Return) under GST is as follows: Turnover Limit for GSTR-9 Mandatory Filing If
Section 80D: Tax Benefits on Health Insurance Premiums
Section 80D of the Income Tax Act in India provides deductions on premiums paid for health insurance policies, offering taxpayers
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
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,
Diwali Gifts and Taxes: Is Your Festive Bonus Tax-Free?
When it comes to festive bonuses and gifts during Diwali, it’s natural to wonder if they’re tax-free or subject to
ITR E-Filing Portal 3.0: New Era in IT Processing Efficiency
ITR E-Filing Portal 3.0 is an upgraded version of India’s Income Tax e-filing portal designed to simplify the process of
TDS on Hotel Room Rent: Applicable Section on Bookings
TDS on hotel room rent in India applies under certain conditions as per the Income Tax Act. Here’s a summary
Sovereign Gold Bond: Smart Way to Invest in Gold and Save Taxes
Sovereign Gold Bond (SGBs) offer a smart and efficient way to invest in gold, especially for those looking to avoid
GoM Proposes to Lower GST Rates for Over 100 Items
GoM proposes to lower GST rates on over 100 items in India. This move is aimed at reducing the tax