As we know, Hydroponic farming is setting uproots all across India. Hydroponics and other soil-less farming methods can assist to take the agriculture and farming industry to the next level. Also, there is a lot of confusion about the concern of Hydroponic Farming, if it is taxable or not. In this article, we will discuss … Read more
The Central Board of Indirect Taxes & Customs (CBIC) initiated Quarterly Return Filing and Monthly Payment of Taxes (QRMP) scheme under Goods and Services Tax (GST) to assist small taxpayers whose turnover is less than Rs.5 crores. The QRMP scheme enables the taxpayers to file GSTR-3B on a quarterly basis and pay tax every month. … Read more
As we know the Real Estate sector is one of the major divisions of any economy. Real estate is known as a property consisting of land and the buildings on it, with its hereditary resources such as crops, minerals or water under the property of this nature. An interest conferred in this an item of … Read more
The government releases the notification for the GST return forms details which are required to be filed according to the due dates for GSTR3-B for December 2020 under GST notification. In this article, we will discuss the notification on Due dates for filing GSTR-3B. Due Dates for filing GSTR-3B The due date for quarterly GST Return … Read more
Vastly against the declared spirit of GST as Good & Simple Tax, the GST has become a “colonial taxation system” quite away from the ground certainties of the business conducted in India. In this article, we will discuss on how GST has Become Colonial Taxation System in India. GST has Become Colonial Taxation System The … Read more
In the process of GST Return Filing, some of the GST liabilities come on the cover which had originally missed out by an individual. These further liabilities that an individual’s need to paid via provision given on the GST portal which enables us to execute so. In this article, we will discuss on how to … Read more
The government releases the GST return forms details which are mandated to be filed according to the due dates for quarterly filing of Goods and Services Tax Returns for the third quarter of 2020 under GST notification. In this article, we will discuss the notification on GSTR-1 Due Date October December 2020. GSTR-1 Due Date … Read more
The Micro, small and medium enterprises (MSMEs) do not need to pay minimum 1% Goods and Services Tax (GST) liabilities in cash as businesses with an annual turnover of less than Rs 6 crore are spared from the new rule. In this article, we will discuss the GST rule is not applicable for MSME. GST … Read more
Today’s world is all about how easily one can get what they need. we can get anything transmitted to our doorstep by placing an online order on an e-commerce website. Flipkart, Amazon, Snapdeal, Alibaba, Big Basket, Myntra, etc. One of India’s upscale e-commerce sites today is Flipkart. This platform proposes entrepreneurs with great opportunities to … Read more
In a relief to taxpayers, the government on Wednesday extended compliance deadlines for income tax, goods and services Tax Vivad se Vishwas direct tax dispute resolution scheme and GST annual Return in view of the challenges arising due to the COVID-19 pandemic. In this article, we will discuss the due date extended For ITR, Vivad … Read more