Tax Guide

Bank Account Validation on GST Portal: GSTN’s New Procedure

Ram Sharma / October 23, 2024

Bank Account Validation on GST Portal means the process where the GST portal verifies the bank account details which are […]

Sahil Jaiswal / October 22, 2024

TDS on hotel room rent in India applies under certain conditions as per the Income Tax Act. Here’s a summary

Ram Sharma / October 21, 2024

GST on health insurance premiums are subject to 18% tax which increases the overall cost of the policy for consumers.

Scrutiny on ITR Refunds is a process where the IT Department examines details of an Income Tax Return (ITR) to

Sahil Jaiswal / October 18, 2024

Sovereign Gold Bond (SGBs) offer a smart and efficient way to invest in gold, especially for those looking to avoid

Ayushi Dixit / October 17, 2024

Simplified GST filing because the GSTN has introduced a pre-filled GSTR-3B form to make GST filling easier and help taxpayers

Ram Sharma / October 17, 2024

Section 194P was introduced in Budget 2021 to provide conditional relief to senior citizen above the age of 75 years

Ram Sharma / October 15, 2024

GST Amnesty Scheme was introduced by CBIC to help non-filers by offering a one-time waiver of late fees, encouraging voluntary

Ram Sharma / October 8, 2024

Direct Tax Code is a proposed legislation set to modernize, simplify and align India’s tax law into a single code

GST ITC for construction of buildings, now it can be claim by businesses treating buildings as “plant,” under the CGST

ITC under GST allows registered businesses to offset the taxes paid on their purchases against their tax liabilities. ITC helps

Future of GST compensation cess depends on the GST Council’s decision as the main purpose of the cess is to