Reversal of Input Tax Credit: Compliance with Rule 37A for FY 2022-23
In adherence to Rule 37A of the CGST Rules, 2017, taxpayers are required to reverse Input Tax Credit (ITC) availed on invoices or debit notes. This pertains to transactions where…
In adherence to Rule 37A of the CGST Rules, 2017, taxpayers are required to reverse Input Tax Credit (ITC) availed on invoices or debit notes. This pertains to transactions where…
Mumbai, [Current Date]: Real estate firm D B Realty announced that its subsidiaries have successfully completed the sale of their entire shareholding in Siddhivinayak Realties Pvt Ltd to Reliance Commercial…
ISO, or the International Organization for Standardization, was established in 1947 to create global quality standards for businesses. With members from 164 countries, ISO has developed over 22,700 standards, covering…
India proudly holds the distinction of having the world's second-largest MSME base, trailing only behind China. This dynamic sector plays a pivotal role by offering an extensive array of services…
In a recent development, the Goods and Services Tax Network (GSTN) has introduced a crucial functionality on the GST portal to address disparities between Input Tax Credit (ITC) figures in…
In a positive trend, formal job creation witnessed a substantial rebound under the Employees' Provident Fund Organisation (EPFO) in November 2022. Provisional data released by the labor ministry on Friday…
The government has issued a warning to MSMEs (Micro, Small, and Medium Enterprises) against a deceptive portal, eudyogaadhaar.org, falsely claiming to be a government-approved consultancy for Udyam registration. Through its…
In the ever-evolving landscape of insurance, customer-centricity takes center stage, ushering in a new era of convenience and adaptability. The once obligatory realm of motor insurance has undergone a profound…
Finance Minister Nirmala Sitharaman asserted the Union government's desire to bring petrol and diesel within the ambit of Goods and Services Tax (GST), criticizing the Congress for what she deemed…
In a recent event inaugurating 12 GST Suvidha Kendras in Gujarat, Finance Minister Nirmala Sitharaman emphasized the Finance Ministry's commitment to not only bolstering GST revenue but also ensuring the…