Taxpayers in India will need to adjust their GST return filing processes due to several changes aimed at improving compliance and making the process more transparent, starting from September.
While compliance and collections have increased steadily, handling GST return filing complexities might appear overwhelming to some businesses. But with a straightforward method consisting of ...
You are not alone if you ever found yourself on the opposing side of a decision by the GST department. Be it some tax liability issue, input tax credit, or penalty that you feel has been levied upon ...
B form, which automatically populates the tax liability from the declared supplies in GSTR-1/GSTR-1A/IFF, and the Input Tax ...
Married couples filing jointly have an exemption of 27.22 million. Increasing the GST Tax Exemption Even with the installment of taxes on generation-skipping transfers, GSTs still serve as tools ...
The Allahabad High Court has dismissed the writ petition filed by Umair Traders against the State of Uttar Pradesh and other respondents. This decision, issued by the Court on October 27, 2024, ...
Recently, an issue cropped up, where it was emphasized that technicalities created by the Department and not the taxpayer, ...
Discover how to calculate and maximise your input tax credit with a GST calculator. Use tools like the Bajaj Finserv GST ...
The answer lies in embracing SaaS solutions. Fintechs recognise the above benefits and the government’s aim to improve the GST filing processing and step up to contribute to achieving them.
The quarterly, non-taxable payment on Oct. 4 is meant to offset GST or HST costs for people with low and modest incomes and most Canadians are assessed for the credit when they file their taxes.