The article examines the benefits and trade-offs of the composition scheme, helping small businesses determine whether the concessional tax option suits their operational ...

The GST portal is now open for filing annual returns GSTR-9 and GSTR-9C for FY 2024–25, according to ANI. Taxpayers have until December 31, 2025, to submit their returns and reconciliation statements.

The businesses should approach a chartered accountant at the outset to determine the right tax rate. It’s been more than six years now since the Union government introduced the goods and services tax, ...

The three changes announced in the GST return filing rules, per the recent notification, will help streamline the tax filing process for taxpayers, increase transparency and also better traceability ...