GST on Vehicles: Higher Rates for Used Vehicles
The 55th GST Council Meeting, held on December 21, 2024, introduced significant changes to the Goods and Services Tax (GST) […]
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
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
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,
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
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
Clause 44 of Tax Audit Report: A Quick Overview for Auditors
Clause 44 of Tax Audit Report in Form 3CD requires auditors to provide a detailed breakup of the total expenditure
Tax Audit Applicability: Criteria and Thresholds You Should Know
Tax audit applicable if business or profession exceeds certain turnover or income threshold limits. Income tax audits under Section 44AB