File Fresh declaration required for Goods Transport Agency Services Managing billing under both Forward Charge Mechanism and Reverse Charge Mechanism for a transporter client involves meticulous compliance with GST regulations.… Read More
GST Returns to Become Time-Barred After 3 Years The upcoming change in the GST system, effective from early 2025, will significantly impact taxpayers by imposing a 3 year time limit… Read More
IIIPI Advisory for IIIPI Members on Fulfilling CPE Hours Requirement The Indian Institute of Insolvency Professionals of ICAI advises its members to comply with the Continuing Professional Education requirements prescribed… Read More
Impact Analysis of Section 43B(h) Amendment on timely Payments to MSME Micro, Small, and Medium Enterprises (MSMEs) are the backbone of India’s economy, playing a pivotal role in creating jobs… Read More
Direct Tax Code 2025 brings making compliance Easier The Direct Tax Code 2025 brings several significant changes aimed at simplifying the tax system and making compliance easier. These changes aim… Read More
Summarized list of 30 points on GST officers & their powers The following points outline the comprehensive powers and responsibilities of GST officers under the Goods and Services Tax law,… Read More
Checklist for incorporating a Private Limited Company in India Ensure all the following documents are correctly filled out, signed, and submitted to avoid delays in the incorporation process. Digital Signature… Read More
TDS compliance process for metal scrap dealers under GST New GST updates for the Iron & Steel Industry regarding the sale of metal scraps, based on Notification No. 06/2024-Central Tax… Read More
CBDT New Form 12BAA allows employees to inform their employers of taxes already paid on other income sources. The Central Board of Direct Taxes has introduced Form 12BAA following Budget… Read More
Introduction of Form DRC-03A for Voluntary Payment Adjustments- Adjust Tax Demand Amount Goods and Services Tax Network introduction of Form DRC-03A on the GST portal is a significant update, enabling… Read More