Can You Claim ITC on Car/Motor Vehicles Purchases under GST? In 2024 In India, claiming Input Tax Credit (ITC) on purchases helps businesses reduce their overall tax burden. But when it comes to cars/motor vehicles, things g ...
GST rate on e-commerce sales – 2023
GST rate on e-commerce sales – 2023
GST implications for e-commerce sellers in India
GST implications for e-commerce sellers in India
GST Applicability for MSMEs in India
GST Applicability for MSMEs in India
GST Myths and Misconceptions – 2023
The Goods and Services Tax (GST) is a major tax reform in India The Goods and Services Tax (GST) is a single indirect tax that has replaced a number of cascading taxes in India that has been implemented since July 2017. The GST has subsumed most of t ...
Khadi Products are Taxed Under GST: HSN Code and GST Rate
The socio-economic history of India has been greatly influenced by the hand-spun and hand-woven fabric known as khadi. The Indian government has recently implemented many initiatives, like as tax exemptions and incentives, to encourage the expa ...
Tax regulations related to Khadi and Khadi Production.
Khadi, a hand-spun and hand-woven fabric, has been an important part of India's cultural heritage for centuries. During India's independence movement, Mahatma Gandhi popularised khadi as a symbol of self-sufficiency and economic independence. Khadi p ...
Budget 2023 New Income Tax Regime- New Income Tax Slabs FY 2023-24 (AY 2024-25) & FY 2022-23 (AY 2023-24) – New & Old Regime Tax Rates for FY 2023-24 & FY 2022-23
In India, income tax is levied on the income earned by individuals, Hindu Undivided Families (HUFs), firms, association of persons (AOPs), body of individuals (BOIs), companies, and any other person. The income tax rate varies based on the amount of ...