There is no mechanism in the GST provisions that allows the taxpayer to adjust the tax amount paid under the incorrect head with the correct head. Learn more..
The recent changes to Part 43B of the Income Tax Act of 1961 have sparked debates about their impact on citizens and small to medium-sized enterprises.
Section 43B(h) of the 2023 Finance Bill has caused confusion for companies collaborating with Micro and Small Enterprises, but this guide aims to clarify....
GST is a significant factor in Indian taxation, with tuition expenses for recognized educational institutions exempt from the tax. This exemption provides clarity and relief for students and institutions.
The Goods and Services Tax brought sweeping changes to the India's taxation landscape, overhauling the procedures for organizations across industries..
GST can be overwhelming, especially when it comes to filing returns. GSTR-1, the monthly sales return, is the best map you have, but occasionally you..
Discover how the Prayaas Scheme supports small businesses in India with financial aid, skill development, and market access to boost growth and sustainability.
Discover how the Prayaas Scheme supports small businesses in India with financial aid, skill development, and market access to boost growth and sustainability.