Tag Archives: #EconomicGovernance

How to do GST compliance?

GST compliance GST compliance pertains to the act of conforming to the guidelines, statutes, and responsibilities established by the Goods and Services Tax (GST) framework implemented within a specific nation It involves fulfilling various legal requirements and obligations related to the registration, filing, payment, and reporting of GST. Key aspects of GST compliance include: GST… Read More »

What are the new compliance under gst?

    User Intent The intent behind this article is to inform businesses, tax professionals, and stakeholders about the latest GST compliance updates in India for 2025. It aims to offer a detailed, step-by-step analysis of each change, including definitions, applications, benefits, limitations, comparative insights, and answers to frequently asked questions.​ Introduction As the Indian… Read More »

Why is the filing of income tax returns mandatory?

Filing income tax returns   Filing income tax returns is mandatory for several reasons: Legal Requirement The law mandates individuals and entities to file income tax returns within the specified due dates. Failure to comply with this requirement may result in penalties and legal consequences. Income Assessment Filing tax return allows the tax authorities to… Read More »