GoM on GST rate rationalisation to meet on Sept 25 to discuss slab, rate tweaks
The ministerial panel on GST rate rationalisation will meet on September 25 in Goa to discuss potential changes to tax…
Author: TW Editorial Team
TW Editorial Team comprises of team of experienced Chartered Accountants and Advocates devoted to spread the knowledge of GST amongst the various stakeholders.
NPS Vatsalya: a pension scheme for minors: All you need to know
According to a Press Information Bureau (PIB) release issued on September 20, parents can invest as little as Rs1,000 per…
GSTN issues advisory for authentication / verification for GST Registration
GSTN has issued Advisory No. 519 dated 6th September, 2024 for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of…
First-time taxpayers should know these things before filing ITR
For salaried individuals, the first step to file ITRs is to get hold of their Form-16 from employers. This document…
Tax planning before March 31: Do’s and dont’s for the last-minute tax saver
Don’t rush into investments just for tax benefits. Choose options that align with your financial goals and risk tolerance. Even…
New Tax Rules To Come Into Effect From April 01, 2024
April 1 marks the beginning of a new financial year and it is always significant from a personal finance point…
Revision in GST returns may be allowed from April 2025
The government is considering allowing filing of updated or revised returns under the goods and services tax (GST), a move…
New GST Rules notified for Valuation of services of Online Gaming and Casinos
CBIC vide Notification No. 45/2023 – Central Tax dated 6th September, 2023 has notified the Central Goods and Services Tax (Third Amendment)…
Supreme Court stays quashing of Rs 21,000 cr GST notice to Gameskraft
Issuing notice to the company on the plea by the GST Directorate, a three-judge bench presided by Chief Justice of…
Determination of Sales, turnover, gross receipts for purposes of Tax Audit
The provision relating to tax audit under section 44AB of the Income Tax Act, 1961 applies to every person carrying…
IT Deptt. all set to cut refund time to 10 days from this fiscal year
The revenue department is poised to roll out a system to cut the average processing and issuance time for tax…
Furnishing of Tax Audit Report: Facts you should know
Section 44AB provides that every person, who is required to get his accounts audited for any previous year by an…