The three changes announced in the GST return filing rules, per the recent notification, will help streamline the tax filing process for taxpayers, increase transparency and also better traceability ...
New Delhi [India], August 13: The GST tax system was first introduced in 2017 in India. As of the present year records, the number of tax filers has increased from 68% (FY 2017-2018) to 90%. Various ...
While compliance and collections have increased steadily, handling GST return filing complexities might appear overwhelming to some businesses. But with a straightforward method consisting of simple ...
Amit Gupta is MD, SAG Infotech. Accurate filing of Goods and Service Tax (GST) returns is crucial to avoid unnecessary reconciliation and ensure compliance. Familiarizing oneself with the common ...
Several GST practitioner and tax professional associations across the country have urged tax authorities to extend the filing ...
The CBIC is planning to introduce a monetary limit for issuing GST demand notices to reduce unnecessary disputes and avoid notices on flimsy grounds. The board will release instructions to field ...
The Goods and Services Tax Network (GSTN) will initiate Phase III of mandatory harmonized system of nomenclature (HSN) code reporting next month. This move aims to enhance the accuracy and consistency ...
The GST filing system is undergoing significant updates, with multi-factor authentication (MFA) taking center stage as a key measure to enhance security and curb fraudulent billing practices. These ...