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GST Update

E-Way Bill 2.0 Portal: Ensuring seamless operations for Taxpayers and Transporters from 1 July 2025

GSTN will launch the new E-Way Bill 2.0 portal (https://ewaybill2.gst.gov.in/) on 1 July 2025 to ensure smooth goods movement even

June 17, 2025

GST Handout

GST on Restaurant Services

With effect from 1st April 2025, the GST rate structure on restaurant services has been revised under Notification No. 05/2025

June 17, 2025

Legal & Tax Compliance Requirements for Starting a Business in India

Starting a business in India? Get clarity on essential legal and tax compliance steps—from GST registration to labor laws. Follow our simple checklist, illustrated with clear charts and tables, to kickstart your operations smoothly and stay compliant from day one.

June 16, 2025

GST Handout

Rule 37A – When Your Supplier Fails to Pay GST to the government.

You know that Input Tax Credit (ITC) is the backbone of the Goods and Services Tax (GST) system. ITC allows

June 14, 2025

GST Handout

GST on Foreign Exchange Transactions – Rule 32(2) Explained with Examples

When you convert currency for travel, make remittance payments abroad, or receive foreign money through exchange dealers, you might notice

June 13, 2025

Income Tax Handout

Advance Tax AY 2026–27: Due Dates, Calculation, and Payment Guide

Advance Tax means paying your income tax in instalments during the financial year, instead of waiting till year-end. It helps

June 12, 2025

50 Types of Incomes and Transactions Reported in AIS of Income Tax Portal

Income Tax Handout

50 Types of Incomes and Transactions Reported in AIS of Income Tax Portal

June 8, 2025

Before filing your ITR, make sure you check your AIS thoroughly. Match it with your income and bank statements. If

Income Tax Handout

TDS on Sale of Property by NRI

June 7, 2025

When a Non-Resident Indian (NRI) decides to sell property in India, taxation becomes acritical aspect of the transaction. One of

Rule 86B of CGST Rules, 2017: Restriction on Use of Input Tax Credit

Rule 86B of CGST Rules, 2017: Restriction on Use of Input Tax Credit

June 5, 2025

Introduction In the ongoing effort to tighten GST compliance and prevent revenue leakage through fraudulent ITC claims, the Government of

Rule 42 of CGST Rules, 2017: Apportionment of Input Tax Credit (ITC)

June 5, 2025

Introduction The Goods and Services Tax (GST) framework allows businesses to claim Input Tax Credit (ITC) on goods and services

Inverted Duty Structure under GST

June 5, 2025

Introduction An Inverted Duty Structure (IDS) arises when the rate of tax on inputs (raw materials) is higher than the

GST Update

E-Way Bill 2.0 Portal: Ensuring seamless operations for Taxpayers and Transporters from 1 July 2025

GST Handout

GST on Restaurant Services

Legal & Tax Compliance Requirements for Starting a Business in India

GST Handout

Rule 37A – When Your Supplier Fails to Pay GST to the government.