GST, or the Goods and Services Tax, is a consumption-based tax system that was implemented in India on 1st July 2017. It is an indirect tax that is levied on the supply of goods and services, and its objective is to create a uniform tax structure across the country. GST has replaced the previous system…
If you’re planning to apply for a loan in India, one of the requirements you’ll need to fulfill is filing your Income Tax Return (ITR). ITR filing is mandatory for anyone who has an income in India and is required to pay taxes. In this article, we’ll discuss everything you need to know about ITR…
GST (Goods and Services Tax) is an indirect tax levied on the supply of goods and services in India. GST registration is mandatory for businesses whose annual turnover exceeds a certain threshold. However, not all businesses are required to file regular GST returns. In some cases, businesses may have no sales or purchases during a…
The Income Tax department on Wednesday said the ITR (Income Tax Return) forms for 2022-23 will come into effect from April 1 and have been notified well in advance to enable the filing of returns from the beginning of the ensuing Assessment Year. To facilitate taxpayers and to improve the ease of filing, no significant…