The year 2021 has been a rollercoaster ride for many of us. We are sure you must have experienced some good parts and some not-so-good phases this year. We at IRIS GST had our fair share of happiness and we can’t thank you all enough! Going down memory lane, sharing the wonderful milestones we were able to achieve throughout the year with your constant support and love. Read on…
GST, the biggest tax reform of the country, is envisaged to simplify tax management for companies and government equally.
The current lockdown situation has forced companies in all sectors to work from home as much as possible. Here’s how cloud computing and cloud software applications in terms of COVID-19.
Here’s a simple 9 step guide that every CEO and CFO must follow and take care of in a crisis situation like COVID-19 lockdown to maintain their team’s productivity and boost their morale. Read on…
Measures released by the government for MSMEs (Micro, Small, and Medium size businesses) to compensate for their loss that occurred due to the COVID-19 crises and the lockdown.
Economies across the world have been struggling with tax frauds as long as the taxes have existed. It is a two headed-snake. Because of the non-compliance of a few, honest
GST officials have successfully counteracted multiple defaulters who, with the help of fake invoices and GSTINs, were caught robbing the nation of its financial assets.
The pilot for New Returns- Sahaj and Sugam, was to start from April 1, 2019 and the mandatory filing to start from July 2019.
As per the proposed plan, a lottery scheme shall be introduced to lure taxpayers to pay their GST. For the initial period, the GST panel shall hold daily and monthly lotteries for customers who indulge in a B2C transaction and take a copy of the bill after paying applicable GST.
The implementation of GST, has probably been the biggest taxation reforms in independent India. Besides uniting the country under a single tax regime, the roll out of GST has also laid the path for the formalisation of the economy.
