The GST compliance framework has taken another significant step towards complete automation. From the July 2026 tax period onwards, taxpayers will no longer be able to manually edit or amend the Input Tax Credit (ITC) figures in Table 4 of… Read More
Introduction The Goods and Services Tax (GST) regime has consistently evolved to strike a balance between facilitating ease of doing business and preventing tax evasion. While technology has significantly streamlined the registration process, obtaining GST registration has often involved detailed… Read More
CBIC vide Instruction no. 01/2023-GST dated 4th May, 2023 issued guidelines for the Special All-India Drive against fake registrations under GST. The following points were specified in the above mentioned instruction; In the meeting ; The following guidelines are being… Read More
Finance Minister Mrs. Nirmala Sitharaman presented the Union Budget 2023 on 1st February, 2023. Let us discuss the proposed changes in the Income Tax and GST laws by the Union Budget, 2023. INCOME TAX AND GST UPDATES INCOME TAX UPDATES… Read More