Understand the truth behind service charges at restaurants and hotels in India. Learn your rights as a customer and how recent court rulings impact these charges.
Explore the concept of Inverted Duty Structure on the Textile Industry under GST. Learn about the governments efforts to rectify the situation, its impact on manufacturers, and the process of claiming GST refund for Inverted Tax Structure. Get insights into the required forms and steps involved in filing a refund application, along with the formula for calculating the refund amount. Understand how addressing Inverted Duty Structure contributes to a favorable business environment, encourages investment, and promotes the growth of the Textile Industry in India.
Discover the reality behind charges on UPI payments. NPCI’s recent announcement clarified that direct bank-to-bank UPI transactions will remain free. However, fees may apply for prepaid instruments on merchant payments above Rs. 2000 from April 1, 2023. Stay informed about UPI changes. Source: NPCI Circular, UPI Payments, Digital Transactions, Payment Gateway Updates.
Learn what a Permanent Account Number (PAN) is and how it’s formed. Know why the PAN is essential for linking tax records with the Income Tax Dept.
GSTIN (Goods and Services Tax Identification Number) is a unique 15- digit number to every taxpayer, either taxpayer is dealer or supplier or any business entity.
