The guidance highlights that mismatches in turnover, ITC, or tax liability between books and returns can trigger audits and ...

BCAS urges GST Council to extend GSTR-9 and GSTR-9C filing deadline for FY 2024–25, citing major compliance challenges from ...

Micro enterprises are defined as businesses with annual turnover of up to Rs 10 crore under the revised MSME norms.

India’s 73 million MSMEs contribute 30% to the GDP and 45% to the overall exports. The proposed reforms, which follow a cut ...

The Union government is considering measures to ease the goods and services tax (GST) compliance burden for small businesses ...

The court held that a shipping bill could be amended under Section 149 of the Customs Act to correct an inadvertent drawback entry, enabling release of IGST refund on zero-rated ...

Indore: Tax professionals and registered taxpayers in Madhya Pradesh have renewed their demand for a three-month extension of ...

Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Vikki Velasquez is a researcher and writer who has managed, ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...