Page Contents
The Central Board of Indirect Taxes and Customs has issued a notification waiving late fees for filing GST Returns (FORM GSTR-7) after the due date, as per the Central Goods and Services Tax Act, 2017. Below are the key highlights of the notification:
The waiver applies to any registered person required to deduct tax at source under section 51 of the CGST Act. This waiver will come into effect from November 1, 2024.
GST Waiver Details:
Capital Gains Tax Filing Checklist for FY 2025โ26 What is a capital gain? Capital gain arises when you sell an… Read More
Understanding the Transition: Old vs New under Social Security Code, 2020 ย Indiaโs labour law framework has undergone a major… Read More
2026 Guide : NRIs Sending Money to Parents or Family in India What NRIs Must Know About Taxes when Sending… Read More
Businesses can no longer afford โapproximate compliance.โ From 1 May 2026, Goods and Services Tax compliance has evolved into a… Read More
Salaried Employees: Big Income Tax Changes Coming from April 2026! Indiaโs upcoming I. Tax Act, 2025, is set to bring… Read More
FCRA Amendment Bill 2026: Key Changes, Impact, and Compliance Guide The Foreign Contribution (Regulation) Amendment Bill, 2026, introduced on 25… Read More