E-invoice does not mean the generation of invoices from a central portal of the GST department. It is a standard format of the invoice. Under this system, an identification number will be issued against every invoice sent for registration to the Invoice Registration Portal (IRP).
Read MoreThere is no change proposed in the direct tax rates, but steps have been taken to provide a few incentives to ease compliance by taxpayers. FM has proposed that advance tax liability on dividend income shall arise only after declaration or receipt of dividend. Details like salary income, dividends, capital gains, tax payments and TDS would be prefilled in the forms.
Read MoreE-way bill is a document required to be carried by a person in charge of the conveyance carrying any consignment of goods of value exceeding Rs 50,000 as mandated by the Government in terms of Rule 138, Section 68 of the Goods and Services Tax Act.
Read MoreInput tax credit (ITC) is the tax paid by the buyer on purchase of goods or services. Such tax which is paid at the time of purchase when reduced from liability payable on outward supplies is known as input tax credit.
Read MoreAn enterprise shall be classified as a micro, small or medium enterprise on the basis of the following criteria...
Read MoreUnion Budget 2025 – A synopsis about the tax and compliance reforms
6th February, 2025
Income Tax Clearance Certificate for travel outside India
27th August, 2024
28th March, 2023
By: Mr. Prasanna Ravikant Bhat
7th February, 2023
Certificate in Form 10BE for Claiming Deduction u/s 80G
By: Mr. Prasanna Ravikant Bhat
27th May, 2022
Profession tax enrollment and registration - Applicability in Maharashtra State
By: Mr. Prasanna Ravikant Bhat
19th March, 2021
Foreign Contribution (Regulation) Amendment Act, 2020 ("FCRA 2020")
16th December, 2020
Using file systems to enhance performance of Income Tax Business Application (ITBA)
17th December, 2019
Income Tax Compounding Fees - 276CC Offences - Nonfiling of returns
13th November, 2019
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American Institute of Certified Public Accountants 
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Federal Reserve Board of USA 
Indian GST FAQs 
Indian Income Tax 
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