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The conventional ways of maintaining the paperwork have fled away. Now, every HR department needs to be smart with payroll software. There are so many disadvantages of paperwork which is superseded by the advantages of going paperless business via Gen payroll software. But, believing that using payroll will completely diminish the usage of paperwork is […]
CEO of GSTN Prakash Kumar stated that some of the features have been added to the GSTN portal to make the platform more effective.
With an immense filled up hall at Diwan-e-aam, The Taj Mahal Hotel, Mansingh Road, New Delhi, the Revenue Secretary of India Hasmukh Adhia, commenced the most happening event after the implementation of GST.
The GSTR 4 form is a quarterly return form for those taxpayers who have opted GST Composition scheme in the new indirect tax regime. Under the GST composition scheme, taxpayers will be required to file one only return in every three months (quarter) rather than three returns in every month.
The GST TRAN 1 form is transition form for the already registered taxpayers in old schemes who are filing the GST TRAN -1 form for availing their previous input tax credit accumulated from earlier purchased stock before the implementation of the GST.
The government releases the GST return forms details which are mandated to be filed according to the due dates under GST mentioned in the attached notification. The submission and uploading of the returns are totally online. We have mentioned all the GST return filing due dates along with their respective associated GST forms such as […]
According to a top official, so far nearly 20 lakh businesses have paid returns online and it is expected that about 30 lakh businesses will pay first month returns before the deadline of 25th August.
GSTR 2 is a tax return form that is used for filing the details of inward supplies of goods or services for taxation purpose. The form will be filled online on the GST portal after registration
The newly released economic survey mentioned clearly that the achievement of expected GDP is somehow very difficult to retain at around 6.75 to 7.5 percent. It also suggested that the there should be more reduction in the interest rates which will increase the flow of the economy.
