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 […]
Simplified GST Filing: GSTR-1A & IMS to Improve GSTR-3B Filing
Simplified GST filing because the GSTN has introduced a pre-filled GSTR-3B form to make GST filling easier and help taxpayers
Section 194P: IT Filing Exemption for Senior Citizens Over 75
Section 194P was introduced in Budget 2021 to provide conditional relief to senior citizen above the age of 75 years
GST Amnesty Scheme: Waiver of Interest & Penalties from 1st Nov 2024
GST Amnesty Scheme was introduced by CBIC to help non-filers by offering a one-time waiver of late fees, encouraging voluntary
GST ITC for Construction of Buildings: SC’s Verdict
GST ITC for construction of buildings, now it can be claim by businesses treating buildings as “plant,” under the CGST
ITC under GST: Deadline to Claim and Revise for FY 2023-24
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: What to Expect Beyond Mar 26
Future of GST compensation cess depends on the GST Council’s decision as the main purpose of the cess is to
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
GST Return Data Archival Alert: Download Today and Avoid Future Headaches
GST returns which are filed are soon going to be removed from the GST portal. Taxpayers won’t be able to
e-DRS u/s 245MA of IT Act for Effective Tax Dispute Management
e-DRS is managed by the Central Board of Direct Taxes and aims to reduce litigation and provide relief to eligible
Section 122A: Penalty for Unregistered Machines from 1 Oct 2024
Section 122A was introduced by the Finance Act, 2024 and will come into effect from 1st October 2024. Purpose Section
Direct Tax Vivad Se Vishwas Scheme 2024: Benefits for New Appellants
Direct Tax Vivad Se Vishwas Scheme making it more beneficial for those who join the scheme late as it offers