Relief from GST annual return filing for these taxpayers; Know its impactSmall businesses with turnover up to Rs 2 crore are exempt from filing GST annual returns starting FY 2024-25, offering relief from complia...
23 Sep, 2025, 02.49 PM IST
Over a dozen food & beverage companies get notice over trademark usageThe Directorate General of Goods and Services Tax Intelligence has issued show cause notices to over a dozen food and beverage companies re...
23 Sep, 2024, 12.25 AM IST
What is composition scheme of GST, who is eligible and how to opt for itFor those small businessmen and professionals who wants to register for GST but can't do so due to the burden of various GST law provisions...
19 Sep, 2023, 12.16 PM IST
Taxation for freelancers: Tax liability, exemptions, ITR filing for freelancersGig workers are subject to the same income tax laws and regulations that apply to self-employed individuals.
18 Sep, 2023, 11.17 AM IST
GST dept to scrutinise I-T, MCA data to identify entities not paying taxesCurrently, there are 1.38 crore registered businesses and professionals under the Goods and Services Tax (GST), which was launched on July ...
19 Mar, 2023, 11.41 PM IST
When is 18% GST applicable for renting of residential properties?To keep things simple, the liability to deposit GST has fallen on the tenant. The landlord is neither required to obtain any registration u...
21 Jul, 2022, 01.20 PM IST
Only GST-registered tenants face rent taxThe new norms stipulate that from July 18, when an 'unregistered person' (for example, a salaried individual or small businessperson) gives...
21 Jul, 2022, 10.08 AM IST
Budget 2021: FM does away with the need for GST Audit for a section of taxpayersThis will bring relief to SMEs that are struggling with the requirement for audits under numerous laws.
06 Feb, 2021, 09.49 AM IST
GSTN enables new registration functionality for insolvency resolution professionalsIn March, the CBIC said the corporate debtors shall be liable to obtain new registration through IRP or RP.
31 May, 2020, 02.04 PM IST
Govt gives relaxations to taxpayers for GST compliance for filing annual returns and auditsIn a notification dated May 5, the Central Board of Indirect Taxes and Customs (CBIC) has allowed registered persons to furnish GSTR-3B ver...
06 May, 2020, 12.21 AM IST
Gig economy workers may soon have to register under GSTNThe govt is looking to get professionals listed on online platforms like UrbanClap into the formal workforce.
20 Jan, 2020, 03.42 PM IST
Last date for businesses to file IT returns is Oct 15: Know what all documents you need to have in placeThe GSTIN and turnover/gross receipt as per GST must be reported while filing ITR-4.
04 Oct, 2018, 10.55 AM IST
Top 5 challenges faced by tax & accounting professionals due to GSTManufacturers, traders, and service providers across India have been placed under one unified tax umbrella, and no longer need to work with...
04 Jul, 2017, 11.39 AM IST
New tax regime to create need for 1.3 mn professionals, India Inc rush to get GST math rightAccording to tax consultants and experts, the GST portal where companies are registered will eventually have about 9 million assessees.
23 Jun, 2017, 11.29 AM IST
How self-employed professionals, entrepreneurs, SMEs can get ready for GSTOne of the biggest tax reforms comes into effect next month but many small businesses, entrepreneurs and self-employed professionals are no...
05 Jun, 2017, 11.25 AM IST
Here's how your business needs to change for GSTAll GST compliance will be paperless. GST returns will have to be filed online. Therefore, it will be beneficial to move to an electronic s...
05 Jun, 2017, 11.23 AM IST
Frenzied Indians take to the app market to adapt to the impending GST regimeAnother app by CAclubIndia, a platform for finance professionals in India with 1.7 million registered members recently became the number on...
24 Feb, 2017, 01.03 PM IST