GSTN Introduces Biometric Authentication Facility in Home State for GST Registration The Goods and Services Tax Network has introduced a new facility allowing promoters and directors of a company to… Read More
GST collections rose by 9.1 percentage points to about INR 1.84 lakh crore in Feb 2025 Basic Key Insights from February 2025 GST Collections The 9.1% YoY rise in gross… Read More
Why we should Never Withdraw Cash with a Credit Card Withdrawing cash using a credit card is one of the costliest financial mistakes you can make! why you should avoid… Read More
Form ENR-03: Introduced for Unregistered Dealers on E-Way Bill Portal The E-Way Bill (EWB) system now allows unregistered dealers to generate e-Way Bills using Form ENR-03, eliminating the requirement for… Read More
Assessees have now received Intimation Orders on Feb 2025 for demands- Due to Post-Filing Disallowance Section 87A rebate Taxpayers who claimed Sec 87A rebate in Income Tax return’s for AY… Read More
Cash Credit vs Overdraft: Key Differences & Uses Both Cash Credit (CC) and Overdraft (OD) are short-term financing options provided by banks, but they serve different purposes and have distinct… Read More
ICAI asserts exclusive right to tax audit, dismisses claims of CS, CWA The new ICAI President, Charanjot Singh Nanda, has reinforced that auditing, including tax audits, should remain the exclusive… Read More
A gift from a blood relative is exempt u/s 56(2) of the Income Tax Act, 1961 What is a ‘Gift’ under the Income Tax Act? Under the Income Tax Act,… Read More
GST Registration Advisory by GSTN—Rule 8 of CGST Rules The GST registration process has been updated to enhance verification and prevent fraudulent registrations. This GSTN advisory clarifies the GST registration… Read More
New UPI rule on automated process of New Chargeback Process The update from the National Payments Corporation of India (NPCI) on the Unified Payments Interface (UPI) chargeback process is an… Read More