Increase ECM limit to Rs. 10000 per day and defer RCM for MSE: ICAI (i) Reverse Charge U/s 9(4) of CGST Act, 2017 As per Section 9(4) of CGST Act, 2017 if taxable person procures goods or services from unregistered person then recipient is subject to pay tax under reverse charge which is subject to […]
NPA in Education Loan It was Friday evening, I left work early and just when I got into my bike I had a call. I assumed it to be my mom who calls me at this time to remind me to drive carefully while returning back home and I didn’t answer the call since I […]
How to Change Email and Mobile no. on GST portal Here we shall discuss about guidelines for change email and mobile number of primary authorized signatories mentioned at the time of enrollment or new registration on GST portal.
Mutual funds have multiple tax advantages over bank fixed deposits A lot readers don’t really understand how mutual funds attract tax advantages with less taxation, so here’s a detailed explanation of the entire mechanism. In three years, falling interest rates have knocked off around 40% from the annual income that a FD would yield. That’s […]
Access I-T return filing account without updating contact profile details The income tax department has relaxed to updating contact profile details the ‘compulsory/forcible’ updation of tax payer details on its return filing website. When this new requirement was introduced on September 22, a tax payer was unable to log in to their e-filing account without […]