The GST council met after six months for the 43rd council meeting on 28th May 2021. Finance Minister Smt Nirmala Sitharaman chaired it. The Union Minister of State for Finance and Corporate Affairs – Shri Anurag Thakur, the Finance Ministers of the states and UTs and other senior officers of the Ministry of Finance and […]
Confusion Related To Filing GST And Taxes
The industry has requested the government for more handholding to clear tax-related confusions and GST filing. Tax compliance deadline extension has also been requested. WHAT ARE THE REQUESTS? The finance ministry has been approached by the industries to provide clarity, speed up the processes, and also provide more handholding on the numerous tax issues. With […]
Latest Updates in GST Invoice Rules: COVID 19
The government of India has rolled out several tax reliefs and measures, concerning the impact of GST on Indian economy due to COVID-19. The GST council has implemented strict GST Invoice rules to curb tax evasion. E-invoicing GST is compulsory for businesses, starting from 1st October. Find the details of this latest update in the […]