Assessment year 2014-15 Total Income Tax Rates First Rs. 2,00,000 Nil Next Rs. 50,000 10% Next Rs. 2,50,000 10% Next Rs. 5,00,000 20% Above Rs. 10,00,000 30% Surcharge on income-tax: 10 per cent of income-tax if…
This is to inform taxpayers about recent developments concerning the application process for GST registration. It is advised to keep the following key points in mind during the registration process. 1. Rule 8 of the…
1. GSTN is introducing two-factor authentication (2FA) for taxpayers to strengthen the login security in GST portal. The pilot rollout has been done for a state of Haryana and working seamlessly. Currently, 2FA will be…
Important due dates for the month of December 2023: 7 December 2023 -Due date for deposit of Tax deducted/collected for the month of November, 2023. However, all sum deducted/collected by an office of the government…
1. Amnesty for Taxpayers: The GST Council, in its 52nd meeting, recommended granting amnesty to taxpayers who could not file an appeal under section 107 of the CGST (Central Goods and Services Tax) Act, 2017,…
Difference in Input Tax Credit (ITC) available in GSTR-2B & ITC claimed in the GSTR-R3B Dear Taxpayers, 1. It is informed that GSTN has developed a functionality to generate automated intimation in Form GST DRC-01C…
E-filing of Form 56F for A.Y. 2023-24 is enabled through online mode. Please note that form is re-notified Vide notification no.91/2023 dated oct 19, 2023. Form 56F is a new form that has been introduced…
Important due dates for November 2023 under Income Tax: 7 November 2023 -Due date for deposit of Tax deducted/collected for the month of October, 2023. However, all sum deducted/collected by an office of the government…