LPG (Liquefied Petroleum Gas) is a widely used fuel in Indian households. To make it affordable, the government provides subsidies under the Direct Benefit Transfer Scheme (DBTL). However, to receive ...
Introduction: As FY 2024-25 is approaching an end, there are certain tasks that the taxpayers need to undertake during the end of the financial year in order to have a smooth transition to the new ...
Unregistered dealers engaged in the movement or transportation of goods can now generate e-Way Bills by enrolling themselves ...
The GST Network has introduced a new feature in the e-Way Bill (EWB) system to enable unregistered dealers to generate e-Way ...
According to Indian GST legal guidelines, e-commerce operators who meet any of the following criteria must check-in for GST: 1. Aggregate turnover exceeds ₹40 lakhs (₹20 lakhs for unique class states) ...
Ensure smooth GST registration with Aadhaar authentication or biometric verification as per Rule 8 of the CGST Rules, ...
India may soon mandate the invoice management system for large transactions to curb tax evasion and enhance GST compliance.
The move follows recommendations by the GST Council in its recent meeting, where officials highlighted persistent tax leakages in sectors such as steel, real estate inputs and tobacco. Industry ...
The Directorate General of GST Intelligence (DGGI) and the Central Board of Indirect Taxes and Customs (CBIC) have warned taxpayers against fake summons circulated to deceive and exploit people ...
Corporate India is hoping for tax reforms, reduced GST rates, and updates on regulations ... and can also be accessed through the Union Budget Web Portal (www.indiabudget.gov.in). Thank You For ...
GST exemption on life insurance premiums: At present, a high GST rate of around 18% on life and health insurance premiums makes plans too costly, which leads to many people potentially forgoing proper ...
By staying vigilant—verifying Document Identification Numbers (DINs) through CBIC’s “VERIFY CBIC-DIN” portal, watching out for red flags, and keeping up with GST regulations—you ... legal ...