Day: January 29, 2024
E-invoice Compliance under GST: Changes and Implementation
https://taxguru.in/goods-and-service-tax/e-invoice-compliance-gst-changes-implementation.html Clipped from: https://taxguru.in/goods-and-service-tax/e-invoice-compliance-gst-changes-implementation.html Introduction: Discover the recent changes in e-invoice compliance under GST with the Central Board of Indirect Taxes reducing the turnover limit to Rs.5.00
Amendment in Section 43B: Impact on MSME Payments and Tax Liability
https://taxguru.in/income-tax/section-43b-amendment-msme-payments-tax-liability.html Clipped from: https://taxguru.in/income-tax/section-43b-amendment-msme-payments-tax-liability.html Introduction: Section 43B of the Income Tax Act, 1961, underwent a significant amendment through the Budget 2023, introducing Clause(h). This clause focuses on
Understanding Section 22 of GST Act 2017: Registration Requirements
https://taxguru.in/goods-and-service-tax/section-22-gst-act-2017-registration-requirements.html Clipped from: https://taxguru.in/goods-and-service-tax/section-22-gst-act-2017-registration-requirements.html Introduction: Section 22 of the GST Act, 2017 outlines the registration requirements for suppliers. This article delves into the meaning, definition, and analysis
Section 43B(h): Time Limits and Eligibility Criteria
https://taxguru.in/income-tax/section-43bh-time-limits-eligibility-criteria.html Clipped from: https://taxguru.in/income-tax/section-43bh-time-limits-eligibility-criteria.html In the budget of AY2024-25, a new section was introduced in order to improve the payment cycle of Micro and Small Enterprises.
DGFT: Why corruption rules the roost
https://taxguru.in/dgft/dgft-corruption-rules-roost.html Clipped from: https://taxguru.in/dgft/dgft-corruption-rules-roost.html Corruption is a state of mind & corruption starts from the top & very well entrenched because officials at the helm though
Foreign Exchange Risks: Impact, Fluctuations and Solutions
https://taxguru.in/rbi/foreign-exchange-risks-impact-fluctuations-solutions.html Clipped from: https://taxguru.in/rbi/foreign-exchange-risks-impact-fluctuations-solutions.html Introduction: In the realm of international trade, the complexities of foreign exchange risks can significantly impact businesses. This Article delves into the intricacies
Repercussions of Delayed Payment to Micro and Small Enterprises- FAQs
https://taxguru.in/income-tax/repercussions-delayed-payment-micro-small-enterprises-faqs.html Clipped from: https://taxguru.in/income-tax/repercussions-delayed-payment-micro-small-enterprises-faqs.html Repercussions of Delayed Payment To Micro And Small Enterprises- FAQs Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 contains provisions to
How to make tax return scrutiny less stressful
https://www.business-standard.com/opinion/columns/how-to-make-tax-return-scrutiny-less-stressful-124012800623_1.html Clipped from: https://www.business-standard.com/opinion/columns/how-to-make-tax-return-scrutiny-less-stressful-124012800623_1.html Tax officials must be required to go through responses submitted by the taxpayer quickly and ask follow-up questions within a fixed time
US sanctions on Russian oil shipments a worry for Indian refiners
https://www.business-standard.com/economy/news/fresh-us-sanctions-on-russian-oil-shipments-a-worry-for-indian-refiners-124012800457_1.html Clipped from: https://www.business-standard.com/economy/news/fresh-us-sanctions-on-russian-oil-shipments-a-worry-for-indian-refiners-124012800457_1.html Enhanced enforcement of sanctions by Western powers may increase procurement costs and reduce the appeal of discounted Russian crude Dubai-based Sun Ship,
Banking on the Budget
https://www.business-standard.com/opinion/columns/banking-on-the-budget-124012800481_1.html Clipped from: https://www.business-standard.com/opinion/columns/banking-on-the-budget-124012800481_1.html With India’s inclusion in global bond index, big fat annual market borrowing programme may not be a headache for government anymore. Let’s
Donate for a good cause, get tax benefit: Here is how to do that
https://www.business-standard.com/finance/personal-finance/donate-for-a-good-cause-get-tax-benefit-here-is-how-to-do-that-124012500644_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/donate-for-a-good-cause-get-tax-benefit-here-is-how-to-do-that-124012500644_1.html Percentage of donated amount eligible for deduction may vary Donations to some specified organisations are eligible for a 100 per cent or