• twitter-icon

Search results for: section 54

Save Tax Without Any Investment

4 Simple Ways to Save Tax Without Any Investment Legally

Best Tips to Save Tax Without Investment? The income tax department furnished distinct deductions and privileges to the assessee that would get excluded from the taxable income beneath chapter VI A beneath Section 80 to diminish the tax load. Through the help of investment, you would get the deductions, however, there are indeed some deductions […]

Not Get Full Tax Refund, Reason Here

3 Big Examples to Understand Why Not Get Fully Tax Refund

Did you furnish a less amount of tax refund with respect to your claim during filing of the ITR for FY 2020-21? If yes then there are similar people who pose the same issues there are various tax returns filers this year who received lower tax refunds this year. The reason behind this was that […]

GST Hike Pressure on Working Capital of MSMEs

Experts Warn Huge Stress on MSMEs Working Capital Due to GST Hike

The latest hike in the GST upon the finished goods like apparel, textiles, and footwear shall have a fiscal impact on the Micro, Small, and Medium Enterprises (MSMEs) which are present at a larger scale. GST rate on fabrics rises to 12% from 5% and on any type of apparel held with any value is […]

Textiles Ministry Views Over Revised GST Rate

New GST Rate Will Work for Compliance, Capital & ITC Hassles

GST rates revision which is subjected to apply to the textile industry to rectify the tax anomaly dated 1st Jan and this helps in securing the money used as working of businesses and lessens the compliance load and solves the ITC concerning issues the textiles ministry. GST officials decided to amend the tax anomaly known […]

46th GST Councill Meeting

GST Council 46th Meeting Updates on Textile Industry

The 46th GST Council meeting has been chaired by FM Nirmala Sitharaman in New Delhi with the presence of all states’ finance ministers and other members. The council members have opposed the new 12% GST rate on textile products so they have deferred the hike tax rate and will discuss it in the next meeting. […]

KGST Dept Guidelines on Returns Scrutiny

GST Authority: Guidelines to be Processed for Returns Investigation U/S 16(4)

The Kerala Goods and Service Tax Department provided the rules with respect to the steps which are to be followed towards the investigation of returns and further actions will be taken. Under Section 16(4) of the KSGST Act, 2017, an enrolled individual will not be authorized to avail input tax credit in connection to any […]

Best TDS Return Filing Software

Best TDS Software for CAs and Professionals in India

In this article, we have listed the best TDS software in India according to the reviews and ratings by professionals. This software can reduce the tax burden of Indian CAs (Chartered Accountants) and professionals along with error-less preparation of TDS compliance. List of Top TDS Return Software for CA and Professionals As mentioned in the […]

Best GST Software for CA and Professionals

Best 15 GST Return Filing & Billing Software for CA Business

The GST software is a necessity for government-mandated GST filing for taxpayers and businesses and basically offers a complete solution to the GST-related process and compliance. Here in this post, we would be looking at the best GST return filing & billing software for CA offered by the organizations: Govt GST Offline Utility This is […]

Two GoMs Setup for GST Reforms

GoM New Panels to Review GST Slab & Database Analytics for Revenue

Towards the terms of reference ToR of the 2 panels of the ministry build for improvising the GST to verify the present rate slab structure of GST. The New Panels Brief Organizes an Overarching Mandate finding the special rates under the tax structure, rationalization proposals consisting of “a merger of tax rate slabs for clarifying […]

Follow Us on Google News

Google News

Latest Posts

New Offer for Professionals

Huge Discount on Tax Software

Upto 20% Off
Tax, ROC/MCA, XBRL, Payroll, Online GST

Limited Offer, Hurry

Easy to File Tax/GST Returns

Upto 20% Off on Tax Software

    Select Product*

    Genius Software