Smart Finance, Investment & Budgeting with AI
Understanding the Electronic Cash Ledger The electronic cash ledger is an essential component of the Goods and Services Tax (GST) system in many countries, including India. It plays a crucial role in maintaining and tracking the tax payments made by businesses registered under the GST regime. What is the Purpose…
GST for residential property used for commercial purposes GST for residential property -In a recent decision, the Rajasthan bench of the Authority for Advance Rulings (AAR) clarified how taxes work when someone uses a business house and is registered for Goods and Services Tax (GST). The Case of Deepak Jain…
GST collections surged by 10% to reach Rs 1.64 lakh crore in December. GST collections surged by 10%- The GST collections in December showed a 10% increase to approximately Rs 1.64 lakh crore compared to Rs 1.49 lakh crore in the same month the previous year, continuing the upward trend.…
Zomato Shares Witness 5% Decline Zomato Shares Witness 5% Decline – Zomato, the renowned food delivery platform, faced a setback as its shares recorded a 5% decline, settling at Rs 120.7 on the Bombay Stock Exchange (BSE). This decline can be attributed to the recent issuance of a show-cause notice…
NEW DELHI: Two former finance fee chiefs N Ok Singh and Vijay Kelkar have raised key points that policymakers want to deal with within the coming years to cope with modifications within the financial system.Kelkar, who headed the thirteenth Finance Fee, underlined the necessity to rationalise the GST construction and…
Do you personal an SUV? It’s possible you’ll wish to examine once more, for the reason that standards for figuring out GST charges on Sports activities Utility Automobiles are very particular. In India, Sports activities Utility Automobiles or SUVs have gained immense recognition, constituting each second automobile bought. Nevertheless, as…
NEW DELHI: Items and providers tax collections rose 11.5% to Rs 1,78,484 crore in March, the second highest month-to-month mopup, pushing up 2023-24 collections previous the Rs 20 lakh crore mark for the primary time. “FY2023-24 marks a milestone with a gross GST collection of Rs 20.2 lakh crore, an…
GST Collections March 2024: In a lift for the financial system, the gross Items and Providers Tax (GST) collections for the month of March got here in on the second highest ever degree of Rs 1.78 lakh crore. That is an 11.5% year-on-year progress, in accordance with the Ministry of…
March 31 noticed Prime Minister Narendra Modi sound the Lok Sabha ballot bugle, whereas meals supply aggregator Zomato acquired a GST demand order value ₹23.26 crore for FY 2018-19 from Karnataka tax authorities. Additional INDIA bloc leaders assembled at Ramlila Maidan in solidarity with Kejriwal, Soren. CUET-UG additionally prolonged utility…
NEW DELHI: Finance Minister Nirmala Sitharaman will inaugurate on Monday a convention of enforcement chiefs of all state and central GST officers to sort out tax evasion. Within the convention, Items and Providers Tax (GST) formations will deliberate on combating GST evasion, together with inspecting present challenges and delving into…
