UPS vs NPS vs OPS: Which Pension Scheme is Best for Government Employees? August 27, 2024August 27, 2024by Pooja Gupta Rate this post The new Unified Pension Scheme (UPS) was approved on 24th August 2024 and is set to be implemented from 1st April 2025. This development has captured the [...]

GST payers with no valid bank account barred from filing GSTR-1 from Sept 1 August 27, 2024by Pooja Gupta Rate this post GST | (Representative Photo: Shutterstock) GST taxpayers who do not furnish bank account details to GST authorities will be barred from filing outward supply return GSTR-1 from September [...]

New financial changes in September 2024 August 31, 2024by Pooja Gupta Rate this post September 2024 will see several important changes which will impact personal finance and affect everything from LPG cylinder prices to credit card regulations September 2024 will see several important changes which will impact personal finance and [...]

10 Important Changes in GST and Income Tax from September 2024 August 31, 2024by Pooja Gupta Rate this post As of September 2024, several significant changes have been introduced in both GST and Income Tax regulations. These updates are crucial for taxpayers and businesses to understand, as they impact filing [...]

Nitin Gadkari asks state FM’s to reduce GST on flex-fuel vehicles to 12% September 2, 2024by Pooja Gupta Rate this post Nitin Gadkari on Monday said state finance ministers should consider reducing GST. (Photo: PTI) Union Minister Nitin Gadkari on Monday said state finance ministers should consider reducing Goods and [...]

GST, Income Tax, MCA Compliance Due Dates – September 2024 September 2, 2024by Pooja Gupta Rate this post As we enter September 2024, it’s crucial for taxpayers, businesses, and professionals to be aware of the various compliance deadlines that need to be met throughout the month. This article highlights the [...]

GST council to discuss report on online gaming taxation, fake registration September 3, 2024by Pooja Gupta Rate this post The GST Council in its meeting in August 2023 had clarified that online gaming platforms were required to pay 28 per cent tax. The GST Council in its meeting next week [...]

New IMS System in GST: New way to claim Input Tax Credit September 3, 2024September 3, 2024by Pooja Gupta Rate this post As part of the continuous efforts to enhance the Goods and Services Tax (GST) system, the GST Network (GSTN) is introducing the Invoice Management System (IMS). This new [...]

Table 5 (B2C L) of GSTR-1 – Reporting limit 1 Lakh or 2.5 Lakh? GST portal New Advisory September 4, 2024September 4, 2024by Pooja Gupta Rate this post Advisory on Reporting Supplies to Unregistered Dealers in GSTR-1/GSTR-5 The Government of India, through Notification No. 12/2024 – Central Tax dated July [...]

GST Scam: Unemployed Man’s Identity Used in Rs. 250 Crore Fake E-way Bills Fraud September 6, 2024by Pooja Gupta Rate this post In a shocking incident from Muzaffarnagar, Uttar Pradesh, Ashwani Kumar, a young unemployed man, found himself at the center of a Rs. 250 crore Goods and Services Tax [...]