The implementation of the Goods and Services Tax (GST) in India has revolutionized the management of indirect taxation for businesses and people alike. One such sector where GST is an important factor in labour charges is an essential ingredient for manufacturing units, construction companies, and other service providers. Familiarity with the GST on Labour Charges: … Read more
The Goods and Services Tax (GST) has simplified India’s indirect tax structure, but certain provisions still require careful understanding to ensure proper compliance. One such important provision is the Reverse Charge Mechanism (RCM) under GST. Many taxpayers, especially small businesses and professionals, often find RCM confusing due to its unique tax payment responsibility. This complete … Read more
A Private Limited Company is one of the most popular business structures in India due to its credibility, limited liability, and scope for growth. However, registering a company is just the beginning. After Private Limited Company Registration, businesses must comply with various legal requirements to ensure smooth operations and avoid penalties. These compliances safeguard the … Read more
In India, maintaining transparency and accountability in business operations is essential for the smooth functioning of companies. The Ministry of Corporate Affairs (MCA) has introduced several compliance requirements to ensure directors’ authenticity and accuracy of information. One such mandatory compliance is DIN KYC Filing — a crucial step for every company director. Whether you’re managing … Read more
Private Limited Company Registration in India is a preferred choice for entrepreneurs and startups due to benefits like limited liability, separate legal status, and better funding opportunities. However, after Company Registration, businesses must follow annual compliance under the Companies Act, 2013, Income Tax Act, and other laws. Non-compliance may lead to penalties, director disqualification, or … Read more
In 2025, the government introduced updates to the new GST rates and slabs on lifestyle and household items, reflecting its objective of balancing revenue collection while supporting economic growth and consumer demand. This article explores the new GST rates, their implications for households and businesses. Understanding GST Slabs GST in India is structured into multiple … Read more
1. Scheduled Downtime: GST Portal Unavailability The GST Common Portal will be unavailable for 8 hours on August 2 and 3, 2025, due to a scheduled disaster recovery drill. Taxpayers should plan accordingly to avoid filing disruptions. 2. Key Filing Deadlines for July 2025 (due in August) Date Return/Task Applicable For 10 August 2025 GSTR-7 … Read more
In today’s fast-paced business and branding lane, trademarks play an important role in establishing business identity and trust and in the defense of intellectual property. If you are an aspiring entrepreneur, an experienced business owner, or simply someone dealing with legal business matters, it is important to know the “Trademark Symbol – Meaning, Usage & … Read more
As India continues to streamline its indirect tax regime through the Goods and Services Tax (GST), compliance requirements such as the E-Way Bill system play a vital role in regulating the movement of goods across the country. E-Way Bill Limit 2025 will see numerous changes in threshold values and procedural rules to ensure greater transparency … Read more
In today’s digital age, televisions are more than just appliances—they’re crucial to daily life. Whether it’s an LED or a smart TV, knowing the GST effect is important. This article briefly explains the GST on TVs in India, which includes relevant tax prices, compliance needs, and how it affects consumers and the electronics market. GST … Read more