The anti-profiteering provisions under the Goods and Services Tax (GST) were introduced to ensure that businesses pass on the benefits of reduced tax rates and input tax credits to the consumers. The primary objective of anti-profiteering measures is to protect the interests of the consumers and to prevent businesses from taking undue advantage of the GST system.
Understand the implications of GST registration cancellation without determining payable amounts by the assessee. Learn from the Gujarat High Court’s ruling.
Learn about the impact of delayed payments to Micro & Small Enterprises in India. Understand the legal provisions and implications for businesses.
Securities are financial instruments that represent ownership or a claim on assets. Valuation of securities is the process of determining the fair value of a security, which is essential for investment decisions. Valuation helps investors to assess the risks and returns associated with a security and make informed investment decisions.
Unlock your dream holiday with a short-term Personal Loan: Quick cash, no collateral, flexible repayments. Make memories without financial stress.
A bank account is necessary to carry out financial transactions. After the digital revolution in the banking sector, holding a bank account in the bank has become even more crucial. In addition, the bank account opening process is much easier with several online and offline active channels.
Finance Bill 2023 GST updates: Enhanced composition scheme eligibility, ITC amendments, and stricter penalties for ECO violations. Key changes aim for clarity and compliance ease in GST framework.
Every Year, CBDT notifies new ITR-1 to ITR-7which are consequential to the amendments made in the Finance Act and Other Laws, and taxpayer should know about the changes in ITR forms as compared to previous year forms.
Clarifying GSTs RCM on purchases from unregistered persons: Explore the evolution of Section 9(4) CGST Act from 2017 to present, exemptions, and specific notifications for a clear understanding.
Curbing cash transactions Section 269SS of Income Tax Act mandates electronic modes for loans above ₹20,000 to fight black money. Understand the provisions, penalties for non-compliance, and FAQs.
