In this article, we will be addressing common questions related to GST return filing, FAQs on GST Returns and concerns on GST returns. Goods and Services Tax (GST) has become an important aspect of taxation in many countries including India. As businesses grapple with the intricacies of GST compliance, it is essential to understand the…
In this article, we will explore the Goods and Services Tax (GST) rates applicable in the state of Rajasthan. GST is a comprehensive indirect tax implemented throughout India to create a unified tax system. The rates are determined by the GST Council, comprising representatives from the central and state governments. Understanding the GST rates in…
GSTR-5 is a return filed under the Goods and Services Tax (GST) system in India. It is mainly designed for non-resident foreign taxpayers who are registered under GST and provide taxable services in India. Taxpayers are required to file GSTR-5 to report their business activities and fulfil their compliance obligations. The GST regime was introduced…
Indian food business is booming. With the opening of several new restaurants, the food industry has grown significantly in recent years. However, before launching a food business, you must observe some guidelines and regulations to avoid legal issues. Noodles are one of Asia’s most beloved staple foods. Noodles are widely popular and inexpensive cuisine around…
Change in the taxes industry is frequently greeted with doubt and concern. However, it is impossible to ignore the potential advantages and favourable effects on the economy when it comes to the introduction of the Goods and Services Tax (GST), a revolutionary indirect tax system. The introduction of GST has revolutionized the way products…
The Goods and Services Tax, also known as the GST, has had a significant impact on the way supply chains are managed. The introduction of the Goods and Services Tax (GST) in India has led to the unification of multiple levies into one, which has eradicated the cascading effects that were previously there. The GST…
Every tax system advises firms on methods to comply with laws. Firms must submit returns on time, pay taxes regularly, and retain records under a tax system. Small business owners lack the knowledge and expertise to comply with such regulatory obligations. Small enterprises can pay a composition charge. This increases compliance without the hassle of…
It’s common advice for investors to spread their money around across a variety of markets and securities. The difference between bonds, which are essentially loans to a firm, and stocks is that the latter give the investor a chance to become a part owner of the company. With inflation at its highest in decades, what…
The article breaks down the idea of insider trading and explains why it should be regulated and made illegal, so in detail we will know about Regulating Insider Trading in India. After making many changes to the laws from 1992, SEBI passed a new rule in 2015 that made insider trade illegal. Recommendations have been…
From various Goods and Services Tax (GST) Returns, GSTR-6 is a return form that requires Input Service Distributors (ISDs) to report their inward supplies and distribute input tax credits (ITC) to eligible recipients within their organization or group entities. In this article, we will give a simplified introduction to GSTR-6 return filing, guiding ISD through…