E-Invoice Made Easy: Download GSTN’s Glossary and Step-by-Step Guide November 30, 2024by Pooja Gupta Rate this post To assist taxpayers in understanding and implementing e-invoicing efficiently, GSTN has released two valuable resources: An E-Invoice Glossary A Step-by-Step Guide These documents provide essential information and practical steps for businesses to comply [...]

December 2024, GST, Income tax, MCA, Compliances Due Dates December 2, 2024by Pooja Gupta Rate this post As we step into December 2024, it’s essential for taxpayers, businesses, and compliance professionals to stay updated with key due dates to ensure timely submission of various returns, deposits, and reports. This comprehensive [...]

Policyholders to gain from GST rate cut: FM Nirmala Sitharaman December 3, 2024by Pooja Gupta Rate this post Ahead of the crucial 55th GST Council meeting in three weeks, finance minister Nirmala Sitharaman told Parliament on Monday that policyholders stand gain from a reduction in levies, which is being discussed [...]

GoM may seek extension to conclude discussions and submit findings on compensation cess December 3, 2024by Pooja Gupta Rate this post   Representative Image A Group of Ministers (GoM), tasked by the goods and services tax council to look at the future of compensation cess, may seek extension of three [...]

GST New Rate of 35%: Sin Goods Set for 35% Tax Rate December 3, 2024by Pooja Gupta Rate this post The Group of Ministers (GoM) on GST rate rationalisation has recently proposed significant changes to India’s Goods and Services Tax (GST) framework. The most notable recommendation includes raising the GST [...]

35% GST on Tobacco and Beverages? Here’s the Truth Behind Media Reports December 4, 2024by Pooja Gupta Rate this post In light of recent media reports surrounding the proposed changes in GST rates on various goods and services, it is essential to clarify that these reports are premature and speculative. [...]

GST Biometric Aadhaar Authentication active in 23 states, 3 New state added from December 2024 December 8, 2024by Pooja Gupta Rate this post Do you wants to start a new business or already doing business and now wants to apply for the GST Registration then you must aware that Biometric [...]

Taxpayer Relief: Late Fees Waiver for this GST Return December 8, 2024by Pooja Gupta Rate this post Attention Taxpayers!The Central Board of Indirect Taxes and Customs (CBIC) has addressed concerns regarding late fees charged for filing Nil GSTR-7 returns. As per Notification No. 23/2024-Central Tax, dated October 8, 2024, no [...]

Pre-Budget 2025 meet: MSME stakeholders seek tech upgrade, PLI benefits, cut in GST December 8, 2024by Pooja Gupta Rate this post New Delhi, Dec 7 (PTI) Stakeholders from the micro, small and medium enterprises (MSME) sought a reduction in GST, technology upgrade, and production-linked incentive scheme benefits for various segments [...]

Don’t Miss These Key Financial Deadlines for December 2024 December 8, 2024by Pooja Gupta Rate this post As 2024 draws to a close, staying aware of key financial deadlines is crucial. Missing these deadlines could lead to penalties or missed opportunities to benefit from offers and schemes. Here’s a breakdown [...]