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) […]
Unique Identification Marking under GST to Track and Trace Mechanism
The government will going to insert a Track and Trace Mechanism to monitor the complete supply chain of goods. The
GST Exemption on Contributions to Motor Vehicle Accident Fund
GST exemption on contributions to motor vehicle accident fund means the contributions made by general insurance companies to the Motor
GST on Sponsorship Services: FCM for Corporate Sponsorships
Sponsorship services means when a companies or individuals supports another group or individual to help in exchange for getting advertised
DTVSV Scheme: Key Updates and New Clarifications
Which appeals are covered under Direct Tax Vivad Se Vishwas Scheme, 2024 ? Please refer to section 89 of the
LIC Unclaimed Amount: Steps to Get Your Money Back
Sometimes, a policyholder buys an LIC policy but for some reasons the benefits remain unpaid due to non-payment of premiums,
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
One Nation One Election: What’s in the Bill?
One Nation One Election means structuring the Indian election cycle in a manner such that elections to Lok Sabha and
Alimony To Wife: Is It Taxable or Non Taxable?
As many of you are aware, the recent news surrounding Atul Subash’s suicide case has raised significant concerns. Allegations of
194S TDS: Tax on Cryptocurrency and Digital Assets
194S TDS is applicable on the payment for the transfer of Virtual Digital Assets (which include cryptocurrencies and non-fungible tokens).
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)
Tax Audit Form: Applicability of Form 3CA-3CD
Tax audit form is used to report details of a tax audit conducted under Section 44AB of the Income-tax Act.