To simplify the GST compliance for small businesses, CGST Act provides for "Composition Levy". Composition scheme is a simple and easy scheme under GST for small business owners. Small taxpayers can take advantage of this scheme. In this scheme, dealers are liable to pay GST at a fixed prescribed rate of turnover/sales.
Read MoreApart from the income tax and return filing there is another tax which needs to be paid and filed within the prescribed time limit - Profession Tax.
Read MoreIn this blog we are going to touch an important change bought in the tax law in recent budget announced by our Honb'le Finance Minister Ms Nirmala Sitharaman by proposing Section 194Q which will be in force from 1st July 2021.
Read MoreNowadays, anyone can pursue higher education in any accredited institution; all you really need is talent and a determination to succeed.
Read MoreEveryone who belongs to the taxation stream will agree that this is the most wonderful time of the year! Yes, the holiday season. But we all will also agree with the fact that this time the holiday period is quite a short one due to the deadlines having been extended. Once the financial year ends the time for conducting statutory audits of various entities begins. So, what exactly does audit mean? Why are they conducted?
Read MoreUnion Budget 2025 – A synopsis about the tax and compliance reforms
By: Priyanka Jain
6th February, 2025
Income Tax Clearance Certificate for travel outside India
27th August, 2024
By: Vidhi Vora
28th March, 2023
By: Mr. Prasanna Ravikant Bhat
7th February, 2023
Certificate in Form 10BE for Claiming Deduction u/s 80G
By: Mr. Prasanna Ravikant Bhat
27th May, 2022
Profession tax enrollment and registration - Applicability in Maharashtra State
By: Mr. Prasanna Ravikant Bhat
19th March, 2021
Foreign Contribution (Regulation) Amendment Act, 2020 ("FCRA 2020")
By: Nikita Theresa Noronha
16th December, 2020
Using file systems to enhance performance of Income Tax Business Application (ITBA)
17th December, 2019
Income Tax Compounding Fees - 276CC Offences - Nonfiling of returns
13th November, 2019
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