GST On Merchant Export

As of my knowledge cutoff in September 2021, the Goods and Services Tax (GST) is a comprehensive indirect tax levied on the supply of goods and services in India. However, please note that tax regulations and policies are subject to change, so it’s always a good idea to consult the latest information or a tax […]

E-Invoicing of GST – A Complete Guide

E-invoicing of GST (Goods and Services Tax) is a digital invoicing system introduced by the Government of India to streamline and automate the invoice generation and reporting process. It aims to enhance tax compliance, reduce tax evasion, and improve overall efficiency in the tax system. Here is a complete guide to understanding e-invoicing of GST: […]

Transfer Pricing Under Income Tax Act – An Approach

Transfer pricing refers to the pricing of goods, services, or intangible assets transferred between related entities, such as parent and subsidiary companies, within a multinational enterprise. The Income Tax Act (ITA) of a country typically includes provisions to regulate transfer pricing to ensure that transactions between related parties are conducted at arm’s length. Here’s an […]

GST Registration requirements for E-Commerce operator

Under Goods and Services Tax (GST) regulations in many countries, including India, e-commerce operators are required to register and comply with certain obligations. Here’s an overview of GST registration requirements for e-commerce operators: 1.Mandatory Registration: E-commerce operators are typically required to obtain GST registration, regardless of their turnover. This requirement is applicable when the e-commerce […]

Demystifying Income Tax Returns: A Comprehensive Guide

Demystifying Income Tax Returns: A Comprehensive Guide Introduction: Filing income tax returns is an essential part of every citizen’s financial responsibilities. However, understanding the intricacies of income tax can be challenging and overwhelming for many individuals. This comprehensive guide aims to demystify income tax returns and provide a clear understanding of the process. Whether you […]

TDS applicable on cash withdrawal – Important Points

TDS applicable on cash withdrawal – Important Points TDS (Tax deducted at source) applicable on cash withdrawals in excess of specified limits. The threshold and the rate of TDS applicable for cash withdrawals will depend on the submission of proof of filing your Income Tax Return to the Bank. Details for TDS applicable on cash […]

Know the benefits to Invest in the Systematic Withdrawal Plan

Systematic withdrawal plan: Invest once in the Systematic Withdrawal Plan and earn fixed every month, know the benefits   What is the difference between SIP and SWP? In a SWP, the investor can invest as much as he wants, and withdraw the amount whenever he wants.   A systematic Withdrawal Plan (SWP) is the best […]

Sukanya Scheme withdrawal before maturity

Sukanya Scheme withdrawal before maturity You can withdraw the money from Sukanya Yojana before maturity, some conditions have been fixed for this. To secure the future of daughters, the Central Government is running the Sukanya Samriddhi Yojana under the Small Savings Scheme. The government is giving the highest interest rate of 7.6 percent on deposits […]