Did You Sell Concert Tickets or Clothes? You May Owe Taxes.
If you received more than $5,000 for online sales of “goods or services” in 2024, you might get a Form 1099-K. Don’t ignore ...
AI can help fight tax fraud, but is not a silver bullet
This trend aligns with a wider push to leverage technology to improve tax collection. For instance, a randomised evaluation ...
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Local restauranteur reflects on GST holiday's impact
The nation’s GST holiday wrapped up on February 15, during those two months taxes were not collected on dozens of items, ...
Tax Guru14h
GST Amnesty Scheme 2024: Key Provisions and Issues
The GST Amnesty Scheme, effective from November 1, 2024, under Section 128A of the CGST Act, 2017, offers a waiver of interest and penalties on tax demands for FY 2017-18, 2018-19, and 2019-20, ...
Tax Guru17h
GST Major Amnesty Scheme under Section 128A: No Interest No Penalty
GST Major Amnesty Scheme u/s 128A No Interest No Penalty for FY 2017-18, 2018-19 and 2019-20 ...