A GST subpanel is working to align tax slabs with existing rates. Recommendations will be presented at the May 18 Council meeting.
Explore arrest provisions under India’s GST law, covering Section 132 offenses, cognizable crimes, and the specific powers of tax authorities.
GST simplifies taxes and lowers costs for India’s healthcare and pharma sectors, streamlining operations and boosting medical tourism.
Explore the GST Electronic Cash Ledger structure and recent RBI e-Scroll updates. Follow our step-by-step guide to view your ledger on the portal.
Learn what Input Tax Credit (ITC) is under GST and how to claim it. This guide covers eligibility rules, updates, and the step-by-step filing process.
Understand India’s GST structure including CGST, SGST, IGST, and UTGST. Learn which tax applies to interstate versus intrastate supplies.
The GST Council extended the ITC claim period for transitional stock to 90 days and set deemed credit rates to ease the shift to the new tax regime.
Ensure GST compliance with this checklist covering stock reconciliation, invoicing rules, and Input Tax Credit filings.
The GST Council made progress on tax fitment in Srinagar, placing 81% of items under the 18% tax slab to ensure economic stability.
Indian firms fear unprepared SME suppliers will hinder the GST rollout, risking input tax credits and causing cash flow issues.
The government confirmed prices will drop via competition post-GST, ruling out harsh controls. Industries are already adjusting prices downwards.
Understand the format of Form GST PMT-05, the Electronic Cash Ledger. Learn how deposits, tax payments, and transactions are recorded with examples.
Comprehensive explanations, FAQs, and updates about Tax, Finance, and Compliance.
Book a free consultation with our tax and legal experts and get your ITR filed today with maximum tax savings.
Next Step
15-min discovery call
status
ITR Filed
Hey!
I'm here to help you with your tax savings.
File Check
Documents reviewed