Small Businesses with High-Profit Margins

Website Small Businesses with High-Profit Margins Table of Contents Small businesses are the backbone of the Indian economy nowadays. Despite the dominance of large corporations and their attractive pay packages, people want to experience the startup culture and hence look for a growing startup that can help them hone their skills to sustain in the […]

GST: Reverse Charge Mechanism

Website GST: Reverse Charge Mechanism Table of Contents GST simplifies indirect taxes in India by subsuming multiple taxes and Cesses levied by Centre and State into one single tax (GST) on goods and services across India. From now on, no tax other than GST will be levied on manufacture, sale, entry or purchase of the […]

GST Analysis and Opinions

Website GST Analysis & Opinions Table of Contents The Government of India implemented GST in the hopes of simplifying the country’s tax structure compared to the previous regime. GST’s primary goal is to create a single taxing system and remove most of the indirect taxes and combine them in different tax slab under the GST […]

Form 10BD : Tax Rebate on Donation & Charitable Trust

Website Form 10BD : Tax Rebate on Donation & Charitable Trust Table of Contents Latest News and updates on Form 10BD: Goods and Services Tax was introduced in India w.e.f. 1st July 2017. Change is a constant process in today’s world. We need to be constantly updated on the changing rules and tax benefits. Lets […]

GST Composition Scheme

Website GST Composition Scheme Table of Contents The Composition Scheme is a simple and straightforward GST scheme for taxpayers. Small taxpayers can avoid time-consuming GST formalities by paying GST at a fixed turnover rate. This scheme is open to any taxpayer with a turnover of less than Rs. 1.5 crore.  The Composition Scheme is available […]