Developing countries like India with a large variety of enterprises, large and small, in its economy. While mega-industries and MNCs are helping the country stand out in the world economy,…
GST is imposed on goods and services provided in the country. It has brought uniformity in the indirect tax system by eliminating all of the indirect taxes that prevailed in…
Goods and Services Tax (GST) is the tax imposed when a customer purchases a good or a service. The GST is meant to replace all indirect levies on goods and…
Under the GST system, any failure in tax payments has an interest of 18 percent, which would be reason enough just to make many taxpayers anxious to stay on top…
The Goods and Services Tax is aimed at reducing indirect taxes and unifying the Indian economy. After its implementation, it has its fair share of supporters and critics. Let's have…
What Is GST GST is an Acronym for Goods and Services Tax. It is an indirect tax that has substituted other indirect taxes such as the excise duty, VAT, service…
Form 16 & Form 16A - All Differences You Need To Know IntroductionFiling income tax returns above a certain threshold is required. Form 16 is crucial since it serves as…
Income Tax Department issues clarification on PAN-Aadhaar linking Introduction Through its official Twitter account, the Income Tax Department recently provided major clarification regarding the PAN-Aadhaar linking procedure. Just hours before…
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