What is GST on Gold? GST on gold in India is set at 3% of the value of gold purchased. This applies to gold in various forms, such as: Gold bars Gold coins Gold jewellery (whether plain or studded ...
Several significant updates to the GSTR-9 and GSTR-9C forms are made to simplify GST compliance and ensure precise tax reporting. From streamlined input tax credit (ITC) data sourcing to revised ...
The 55th GST Council Meeting introduced several significant changes to the taxation and compliance requirements for various services to simplify processes and enhance transparency for businesses and ...
Yes, GST registration is mandatory for export businesses in India. Unlike other business activities that have a turnover threshold for mandatory registration, export businesses must register for GST ...
995411 Construction services of a single dwelling or multi-dwelling or multi-storied residential buildings 995412 Construction services of other residential buildings such as old age homes, homeless ...
Professional Tax in the State of Karnataka is administered by the “Karnataka Tax and Profession, Trade, Callings, and Employment Act, 1976.” The Act stipulates that individuals whose monthly income is ...
The GST rate for pebbles, gravel and crushed stone used in concrete is 5%. The following are HSN Code classification for gravel and crushed stone for which 5% GST rate is applicable: Pebbles, gravel, ...
Operating a Partnership Firm in India involves a range of crucial financial and legal responsibilities. It is imperative to adhere to various tax and regulatory requirements to ensure the smooth ...
Occupancy certificate serves as legal identification for utilising a property in the state. Occupancy certificate helps in claiming income-tax benefits on house loans, in addition to the provision of ...
C-PACE stands for the Centre for Processing Accelerated Corporate Exit. It is a centralized government office set up by the MCA to handle the closure (also called “striking off”) of companies. Before ...
The ITAT clarifies cryptocurrency taxation in India, ruling that profits from Bitcoin, Ethereum, and other VDAs are treated ...