Levy of GST on Old and Refurbished Cars
The GST framework for old and refurbished cars has been streamlined, bringing more clarity and ease for both dealers and buyers. Following the 55th GST Council meeting, a uniform 18%…
Your blog category
Capital Receipts and Revenue Receipts: Meaning, Difference and Examples
Earning revenue is the primary objective of every business. There are different ways to achieve this, and to keep track of performance, businesses generally prepare two major financial statements: the…
Total Debt of India: Internal, External, Long-Term and Economic Impact
India’s total debt has become a key economic indicator, reflecting how effectively the nation handles its financial responsibilities. As of early 2025, the country’s total debt is estimated at around…
Definition of Supply under GST: Scope Explained
Under GST, the event of Supply is treated as the basis for charging tax. The tax liability arises at the time of supply of goods or services. Therefore, identifying whether…
Section 194J: TDS on Professional and Technical Services
As per Section 194J of the Income Tax Act, any person (other than an individual or a Hindu Undivided Family) who makes a payment to a resident for professional or…
Leave Travel Allowance (LTA) – Exemption Limit, Rules, Claim Process, Eligibility & Latest Updates
Leave Travel Allowance (LTA) is provided by an employer to cover an employee’s travel expenses, usually for a vacation. As per Section 10(5) of the Income Tax Act, LTA is…
What Happens If You Don’t File Your ITR?
According to the Income Tax Act, filing your Income Tax Return (ITR) within the due date is mandatory. If you fail to do so, you may face heavy penalties and…
Stamp Duty & Registration Charges in Tamil Nadu 2025
Stamp duty is an essential part of property transactions. It varies across different states in India and is applicable to all types of deeds or instruments of transfer, including conveyance…
Goods and Services Tax: Understanding GST in India – Indirect Tax Law
What is GST in India? GST, or Goods and Services Tax, is an indirect tax that replaced several earlier indirect taxes in India, such as excise duty, VAT, and service…
Section 73 of the CGST Act: Applicability, Time Limit, and Penalty
Since the rollout of GST in India, Section 73 of the CGST Act has been applied to determine GST demands in genuine cases where there is no fraudulent intent. However,…
- Go to the previous page
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- …
- 16
- Go to the next page