Managing business finances can often feel like a balancing act, especially when one has to keep up with tax compliance while tackling loan repayments. The connection between taxes and cash flow is ...

The deadline to file Goods and Services Tax (GST) annual returns for businesses has been extended by the government for FY 2020-21. The Central Board of Indirect Taxes & Customs (CBIC) said that "the ...

New Delhi [India], August 13: The GST tax system was first introduced in 2017 in India. As of the present year records, the number of tax filers has increased from 68% (FY 2017-2018) to 90%. Various ...

CBIC issued a new circular to clear the air over 20% cap on input tax credit. GST Return: Tax experts have sought clarity over certain provisions of the latest circular issued by the GST policy wing ...

Businesses with pending GST returns for three years or more will face a filing ban from November 2025. The GST Network announced this restriction, implementing a 2023 amendment to the GST law aimed at ...

In a significant move towards taxpayer facilitation, the Government recently allowed the filing of NIL GST monthly return in FORM GSTR-3B through SMS. Now, these taxpayers with NIL liability need not ...