Uncategorized
-
NON PAYMENT OF OUTPUT TAX BY SELLER DOES NOT BAR CLAIMING THE SAME BY THE BUYER.
.
The Supreme Court reaffirmed that bona fide purchasing dealers cannot be denied input tax credit merely because the selling dealer failed to deposit the tax, provided the purchaser acted…
-
INCOME TAX FORMS(ITR Forms)
.
What is ITR and Who Should File? An ITR (Income Tax Return) is a form to declare your income and taxes. You should file if: Your income is above…
-
REDUCTION IN GST RATES FROM SEPTEMBER 22, 2025
.
REDUCTION IN GST RATES FROM SEPTEMBER 22, 2025 Rationalisation of the current 4-tiered tax rate structure into a citizen-friendly ‘Simple Tax’ – a 2 rate structure with a Standard…
-
56th GST Council meeting approves rate rationalisation
.
1.Exemption of GST on all individual life insurance policies whether term life, ULIP or endowment policies and reinsurance and increase the insurance coverage in the country. 2.Rationalisation of the…
-
Powerful GST Changes (Effective November, 2025)
.
Two changes from GST 2.0 Reform will be applicable from 1 Nov 2025 that can reshape compliance & cash flows: ✅ Provisional Refunds on Inverted Duty ✅ Simplified GST…
-
NEW PAN CARD WITH QR Code
.
PAN 2.0 Project enables technology driven transformation of Taxpayer registration services and has significant benefits including: Changes for Existing PAN Cardholders Old PAN cardholders need not worry—existing PAN cardholders…
-
CFO Services for Startups- WHY???
.
Generally, startups are formed by newly qualified individuals in any discipline or a group of people who work in a particular establishment and later form startups. In most of…