Last minute checklist for filing income tax return
The most important thing to start with ITR filing is getting the required documents together. Documents you would need would vary depending on the types of income you have.
Myths about GST busted
Shops can do manual billing under GST and Net connectivity is needed only at the time of filing monthly return and can be managed from a cyber cafe.
Relax! Penalty for filing income tax return after due date is only applicable from FY 2017-18
As a relief to the taxpayers earning not more than Rs 5 lakh the maximum penalty will be Rs. 1000.
Return Filing – Under GST, this is how you will file tax returns from July 1
The technology should help you to seamlessly prevent, detect and correct the exceptions before the filing of return and reconcile your books with GSTN.
Eight things that businesses need to do before GST
From taxation being imposed on the manufacture or sale of goods and provision of services under the present system, it will move to GST being levied on supply of goods and services.
GST registration for businesses to reopen on June 25
There are about 80 lakh excise, service tax and VAT assessees as present, of which 64.35 lakh have already migrated to the portal of GST Network -- the company readying the IT backbone for GST regime.
GST impact: Insurance premium, bank charges to increase
Transactions fees in financial services are likely to become more expensive in the new GST regime as they will now be subjected to 18% tax.
A quick guide to India GST rates in 2017
Tax rates have been finalised for 1,211 items with a majority of items being kept under 18 per cent rates.
Accounting Basics For Indian Startups: Compliances, Valuation And A Lot More
One must always record daily transactions on a real time [...]
EPFO rules changed to enable digital payments
The labour ministry has amended the social security schemes run by EPFO so it can make digital payments
The Good, Bad, And Ugly Of GST – An Ecommerce Perspective
This could be purely coincidental. But the Goods and Services [...]
How banks throw fresh credit lifelines to startups
Private sector lenders have started extending short term credit to meet working capital needs for Ola, Power2SME, Flipkart, OYO, Zinka, Capital Float, investment banker-turned-entrepreneur Fulguni Nayar-owned Nykaa and many others.
Co-working spaces, a new hit among startups
Co-working spaces are popping up across Indian metros as well as tier-II cities, providing startups with flexible working options at affordable rents.
Govt ready to roll out GST from July 1, says Revenue Secretary
“We are ready for implementing it from July . The law is ready , the rules have been finalised and are in public domain and our IT infrastructure is ready ,“ said revenue secretary Hasmukh Adhia.
Lesson for Fund-starved Startups: Self-help is the best help
What can the current crop of startups that are staring [...]