The issue explains how automated portal controls now trigger late fees, return blocks, and suspensions. Key takeaway: proactive compliance is essential to avoid system-driven ...

The simple interest formula is Interest = P * R * T. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our ...

Imagine investing in a promising project, only to realize years later that it’s taking far longer than expected to recoup your initial outlay. Wouldn’t it have been invaluable to know upfront how long ...

Here is a set off summary tool which serves as a comprehensive, one stop solution for GST ITC utilisation while filing GSTR-3B, effectively addressing multiple challenges faced by taxpayers. It is ...

Club ITC has launched "Days of Joy" promotion! You get up to 50 percent off on stays, earn bonus Green Points, get 2X Green Points on your stay, and save 20 percent on dining. Winter is here, and ...

Indore (Madhya Pradesh): The changes made in the filing of GST Annual Returns make the reconciliation of Input Tax Credit (ITC) easier. This will be a great relief for the tax payers. Thus, taxpayers ...

The government introduced GST rules to provide relief and simplify processes for crores of traders across the country. However, some people have been misusing these provisions. A similar case has now ...

Directorate General of GST Intelligence (DGGI), Delhi Zonal Unit, conducted coordinated search operations at multiple premises across the city, unearthing huge cache of incriminating documents, ...

The Delhi zonal unit of the directorate general of goods and services tax (GST) intelligence (DGGI) has uncovered a large-scale racket involving fraudulent availment and passing of input tax credit ...

Mumbai: After the insurance industry lost input tax credit benefits from the recent goods and services tax (GST) exemption, the sector's intermediaries are drumming up support for a ‘zero-rate’ tax ...

LIC may take a small hit due to an increase in provisions linked to Input Tax Credit (ITC). However, the main impact of GST was felt on the expense ratio, while the value of new business (VNB) margin ...