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The last date to file the income tax return (ITR) for Non-Audit Cases is 31st July 2024 and for audit cases, the due date is 31st October 2024 for FY 2023-24 (A.Y. 2024-25). It is necessary to ensure that the details furnished in the form are all correct. It happens that many times the taxpayers […]
GST Network (GSTN) has been going through a lot of updates and changes aimed at improving the user-friendliness of the portal and making it easier for the taxpayer to file their returns.
In a recent announcement done by the government, now there will charge on the late payment of credit card bill of 18 percent. It was also mentioned that there will no chapercentTM and issuing of the chequebook.
The GST is self-assessing by nature while more than 1 crore Taxpayers are registered under GST. Self-Assessment is necessary to determine tax liabilities.
GSTR 10 is a final return form which is furnished by the taxable person whose GST registration is annulled or surrendered.
The biggest tax reform in the history of Indian Taxation was rolled out on the midnight of July, 1st 2018. It has been more than 8 months since then and slowly but steadily we are seeing the after effects. More than 68,000 companies have been registered during the period.
In a report presented by a Parliamentary panel chaired by Kirit Somaiya, it is mentioned that the Textile Ministry should try to convince the Revenue Department and Finance Ministry to reconsider the overall structure of the Goods & Services Tax (GST) for the textile sector.
CBEC Chairperson Vanaja Sarna told that income authorities will set up the camp in the nation for a fortnight starting from March 15 to ease the exporters’ GST refund woes.
From ages, we know different planning concept to save the income tax, but now what about the new tax regime-GST ( goods and service tax). How inflow of trade out the firm can be expanded, how might I build my advantages and diminishing liabilities towards GST division?
