Read an overview of the key highlights and priorities of India's Union Budget 2024-25, including major initiatives in agriculture, employment, MSMEs, and infrastructure.
GST is a dynamic law and is changing frequently. Stay updated with the latest GST News and Notifications. All the latest GST updates in one place!
GST Compliance Calendar for the month of June 2024. Never again miss a GST due date with our comprehensive Calendar for GST Due Dates June 2024 .
GSTR 1A, introduced by the 53rd GST Council meeting, allows post-GSTR 1 amendments, streamlining compliance but posing challenges for ITC management by recipients, requiring businesses to adapt efficiently.
The 53rd GST Council Meeting on June 22nd, 2024, in New Delhi, focused on simplifying GST compliance, reducing litigation, and enhancing business ease.
The revised GSTR-3B form is a crucial development in India's GST regime, allowing businesses to correct errors and discrepancies in their tax filings. This blog delves into the benefits, such as enhanced accuracy and reduced penalties, as well as the challenges, including implementation complexities and potential misuse.
Navigating the complexities of ITC reporting in GSTR-9 is crucial for GST compliance and optimizing tax benefits. This guide delves into the nuances of accurately reporting Input Tax Credit in your annual returns, offering insights and best practices to ensure compliance.
In the intricate world of finance, tax planning emerges as a crucial strategy for businesses aiming to maximize their returns while minimizing tax liabilities. This blog delves into the significance of tax planning and outlines effective strategies, including the selection of entity structure, leveraging deductions, and the importance of professional consultation.
This blog post delves into the pivotal role of automation in refining Accounts Payable processes and ITC reconciliation. It highlights how leveraging tools like IRIS ASAP not only streamlines operations but also ensures compliance and nurtures supplier relationships, paving the way for heightened business efficiency.
Discover how businesses can navigate the complexities of Input Tax Credit (ITC) litigation successfully. From ensuring thorough documentation to leveraging innovative technology solutions, explore effective strategies and solutions to optimize tax credit claims and mitigate risks associated with ITC disputes.
